- 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 revises import policy of mercury from ‘Free’ to ‘Restricted’ subject to obtaining Prior Informed Consent from National Focal Point of Minamata Convention in the Ministry of Environment, Forest and Climate Change (MoEF&CC); Inserts new policy condition 3 in Chapter 28 of ITC HS Classification (Import Policy Schedule I) and amends Import Policy of Mercury under ITC HS Code 28054000
Notification No. 24/2015-2020 dated September 09, 2021
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