- HC : Notification prescribing recovery of Clean-Environment-Cess in lieu of Statutory Procedure intra-vires; Upholds validity
- Tribunal : PepsiCo’s ‘Nimbooz’, ‘Slice’ and ‘Tropicana’ taxable as fruit drinks at 4%/5.5% KVAT, not 14%/14.5%
- SC : ‘Sharbat’ deriving identity from fruit content, is fruit drink; Applies common-parlance, essential-character test
- HC : Test report not invalid merely because samples tested in two labs; Upholds DRI seizure
- SC : Copy of SC-judgment quashing demand on 'Naphtha' predominantly used for fertilizer-production despite partial non-fertilizer use
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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