Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Coin blanks of copper alloys/strips of copper/coils of zinc & nickel to be classified under CETH 74094000 as copper plates, sheets and strips exceeding 0.15mm thickness of copper nickel base alloys or under 7419. Coin blanks cannot be classified along with plates and strips as they have distinctive shape, size, character and use; plates and strips are raw materials while coin blanks are near-finished manufactured items. Copper strips and coin blanks constitute similar goods to avail benefit under Para 6.8(a) of Foreign Trade Policy, 2009-14. Education Cess cannot be charged twice after being added to Customs duties. No penalty can be imposed u/r 25 of Central Excise Rules as the issue pertains to legal interpretation, and advance rulings favored the appellants on classification. Appeal allowed in part.
Coin blanks of copper alloys/strips of copper/coils of zinc & nickel to be classified under CETH 74094000 as copper plates, sheets and strips exceeding 0.15mm thickness of copper nickel base alloys or under 7419. Coin blanks cannot be classified along with plates and strips as they have distinctive shape, size, character and use; plates and strips are raw materials while coin blanks are near-finished manufactured items. Copper strips and coin blanks constitute similar goods to avail benefit under Para 6.8(a) of Foreign Trade Policy, 2009-14. Education Cess cannot be charged twice after being added to Customs duties. No penalty can be imposed u/r 25 of Central Excise Rules as the issue pertains to legal interpretation, and advance rulings favored the appellants on classification. Appeal allowed in part.
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