- 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 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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