Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
Customs Broker association membership becomes mandatory in the operating jurisdiction, with exclusive membership and limited compliance-time relaxatio...
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The HC allowed the appeal, holding that the insertion of Section 5A(1A) in the Central Excise Act, 1944 is prospective, not clarificatory. Prior to the amendment, the appellant had the option to forego the exemption on final products and pay duty to claim CENVAT credit on inputs. However, post-amendment, manufacturers of exempted excisable goods are prohibited from paying duty, precluding them from claiming CENVAT credit. The Tribunal erred in upholding the demand of CENVAT credit where the appellant had paid duty on final products and utilized input credits.
The HC allowed the appeal, holding that the insertion of Section 5A(1A) in the Central Excise Act, 1944 is prospective, not clarificatory. Prior to the amendment, the appellant had the option to forego the exemption on final products and pay duty to claim CENVAT credit on inputs. However, post-amendment, manufacturers of exempted excisable goods are prohibited from paying duty, precluding them from claiming CENVAT credit. The Tribunal erred in upholding the demand of CENVAT credit where the appellant had paid duty on final products and utilized input credits.
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