Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
Market fee/mandi shulk - Whether ghee is a product of livestock - The majority opinion of the Full Bench of the Andhra Pradesh High Court upheld the validity of the 1994 notification, stating that "ghee" is indeed a "product of livestock." The High Court concluded that the notification under challenge was issued under Section 4 of the Act and not under Section 3, hence the procedural requirements of Section 3 were not applicable. - Now the Supreme Court agreed with the High Court's decision, emphasizing that "ghee" is derived from milk, which is a product of livestock, and therefore falls under the definition of "products of livestock" as per the Act.
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