International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
Amendments expand the formal documents qualifying for duty credit issuance under the Rebate of State and Central Taxes and Levies scheme by expressly treating an entry made electronically under section 84 of the Customs Act for exports by post as equivalent to a bill of export; consequence - duty credit may be issued against such electronic entries when processed. Clause (c) is restated to permit issuance where the order permitting clearance and loading under section 51 or section 84 has been made; consequence - issuance is valid upon such orders. A new sub-paragraph (5A) and textual insertions in the Explanation and tariff table similarly extend applicability to exports through foreign post offices that present electronic entries processed on the customs automated system, ensuring operational recognition of electronic post export filings.
Amendments expand the formal documents qualifying for duty credit issuance under the Rebate of State and Central Taxes and Levies scheme by expressly treating an entry made electronically under section 84 of the Customs Act for exports by post as equivalent to a bill of export; consequence - duty credit may be issued against such electronic entries when processed. Clause (c) is restated to permit issuance where the order permitting clearance and loading under section 51 or section 84 has been made; consequence - issuance is valid upon such orders. A new sub-paragraph (5A) and textual insertions in the Explanation and tariff table similarly extend applicability to exports through foreign post offices that present electronic entries processed on the customs automated system, ensuring operational recognition of electronic post export filings.
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