- SC : Upholds Cadbury's ‘Perk’ classification as ‘Wafer Biscuit’ entitled for concessional duty-rate; Dismisses Revenue’s appeal
- SC quashes CESTAT ruling adding value of bought-out essential items to Boiler’s assessable value; Allows Assessee’s appeal
- SC : 'Bought-out’ parts not includible in assessable value of manufactured goods; Rejects reliance on 'utility test'
- SC : Copy of SC-judgment upholding demand drop on land-trading, absent ‘specific consideration’ & principal-agent nexus
- CESTAT : Royalty/License fees on imported components by contract-manufacturers taxable; Holds Xiaomi-India liable as ‘beneficial owner’
CBIC notifies Manufacture and Other Operations in Special Warehouse Regulations, 2020.
Notification No. 75/2020- Customs (N.T.) dated August 17, 2020.
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