- HC : Copy of Delhi HC-judgment holding redemption fine forms part of ‘duty, interest, penalty’ under SVLDRS
- SC : Rajasthan’s VAT exemption to locally manufactured Asbestos-Sheets & Bricks, discriminatory under Article 304(a); Strikes-down Notification
- SC upholds tax on ink & chemicals utilized in lottery-ticket printing under works contract
- SC : Ink & chemicals used in lottery-ticket-printing under works-contract taxable as 'sale'; Finds tangible transfer
- SC : Upholds ITC benefit for purchaser-dealer despite selling-dealer's failure to deposit tax
Minister of State Nirmala Sitharaman states in Rajya Sabha that Indian Council for Research on International Economic Relations (ICRIER) has conducted a Study to carry out a comprehensive cost-benefit analysis of Special Economic Zone (SEZ) Policy and other related aspects; ICRIER has recommended inter-alia, strengthening of Single Window Clearance by better coordination between Department of Commerce and State Govts, integration of SEZs with domestic economy, improving institutional and administrative framework for SEZs, aggressive marketing of SEZs, stability in SEZ policy, different incentives for different sectors in SEZs and allowing best Free Trade Agreement (FTA) rates for domestic clearance for SEZ manufacturing units
Commerce Ministry Press Release dated May 6, 2015
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