- 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
- HC : Post-import lapses by importers don’t attract penalty on foreign exporter; Clarifies Department’s extra-territorial jurisdiction
CBEC requests provision of data from Customs formations for purposes of AIR Duty Drawback for the year 2016; Requests to send legible and complete hard copies of few bills of entry pertaining to different importers for inputs imported in commercial quantities and for goods that are exported from jurisdiction in commercial quantities under claim for AIR drawback (either standalone or in combination with other schemes); Information to be submitted by May 15, 2016
Letter F.No. 609/24/2016-DBK (C) dated April 1, 2016
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