- 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
CBEC releases FAQs to facilitate understanding of Customs Bonded Warehousing facilities; Inter alia states that Duty Free Shop should be licensed in terms of Sec 58A of Customs Act and all DFS operators would require to comply with provisions of Special Warehouse (Custody and Handling of Goods) Regulations 2016 by August 13th; Also clarifies that goods imported by DFS operator can be stored in Public Bonded Warehouse licensed u/s 57, but such goods cannot be removed directly to DFS
FAQs on Customs Bonded Warehouses
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