- 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
DGFT updates Chapter 4 of FTP 2015-20; Accordingly, in case of supplies to projects in India under deemed export category or projects abroad, Export Obligation period of Advance Authorisation shall be co-terminus with contracted duration of project execution or 18 months whichever is more; No Duty Free Import Authorisation will be issued for an input where SION prescribes Actual user condition and / or Appendix 4J prescribes pre-import condition for such input
Notification No. 42/2015-20 dated March 21, 2017
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