- 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
CBEC rescinds Circulars pertaining to excisability of bagasse, aluminium / zinc dross and other by-products or wastes arising during course of manufacture of excisable product, in light of SC decision in case of DSCL Sugar Ltd and Bombay HC ruling in Hindalco Industries Ltd; Consequently, clarifies that bagasse, dross and skimmings of non-ferrous metals or any such by-product or waste, which are non-excisable goods and are cleared for consideration from factory shall be treated like exempted goods for purpose of reversal of CENVAT credit under Rule 6
CBEC Circular No. 1027/15/2016-CX dated April 25, 2016
To download click here
 (1).PNG)
