- 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
Ministry of Commerce stipulates that where goods are held by Free Trade and Warehousing Zones (FTWZ) unit in warehouse in SEZ on behalf of foreign supplier, value of these goods would not be part of NFE calculations; However, if goods are purchased by FTWZ unit and sold, value of goods kept in SEZ warehouse will form part of NFE calculation
Notification No. G-3/1/2016-SEZ dated January 31, 2017
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