- 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
CBIC from September 01, decides to implement automation under Customs through the IGCR (Import of Goods at Concessional Rate of Duty or for Specified End Use Rules); Thus, requires all Export Oriented Units (EOUs) to obtain IGCR Identification Number (IIN) on ICEGATE portal and register their IGCR bond for filing a bill of entry with IGCR benefit; The aims at Customs automation by allowin clearances to EOUs under IGCR; Once this module is activated, the same process would be used for clearances from SEZ to EOUs, as well: CBIC Circular
CBIC Circular No. 11/2024- Customs dated August 25, 2024.
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