- 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
- HC : Post-import lapses by importers don’t attract penalty on foreign exporter; Clarifies Department’s extra-territorial jurisdiction
DGFT provides for one time relaxation and issue of Export Obligation Discharge Certificate (EODC) for exports made prior to imports where Advance Authorization is issued for import of ‘natural rubber’ and ‘silk’; Relaxation however is applicable only on Authorisations where “pre-import” condition has not been specifically endorsed by RAs in the condition sheet and imports and exports are completed within stipulated validity of the Authorisation; However, clarifies that the relaxation does not waive pre-import condition prescribed for availing IGST exemption on imports
Public Notice No. 39/2015-20 dated September 13, 2018
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