- CESTAT : Royalty/License fees on imported components by contract-manufacturers taxable; Holds Xiaomi-India liable as ‘beneficial owner’
- HC : Quashes revival of VAT Assessment against Indian Oil- Adani JV citing statutory procedural infractions
- CESTAT : (LB): No mechanism to transition blocked cesses into GST; Cash refund not allowed u/s 142(3)
- SC restores excise demand on Cotton fabrics processed with ‘aid of power’; Allows Revenue’s appeal
- SC : Copy of SC-judgment restoring excise demand on Cotton fabrics manufactured with ‘aid of power’
Ministry of Commerce extends Merchandise Exports from India Scheme (MEIS) benefit to 2901 items with immediate effect; These items include garments, engineering goods, leather and chemical items; Also increases reward rates of 575 items such as iron & steel products; Amends Table 2 of Appendix 3B under MEIS
Public Notice No. 32/2015-20 dated September 22, 2016
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