Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Physical and mechanical beneficiation that removes foreign matter and concentrates mineral content was treated as manufacture under Chapter Note 4 to Chapter 26, and the goods were classifiable as concentrates. Despite failure to follow CT-3 and related procedure, duty-free clearances to 100% EOUs could not be denied because the lapse arose from a bona fide belief that the goods were not dutiable, and the law did not require an impossible act. The department also failed to prove that the disputed clearances were not as such supplies, so those sales were excluded from turnover. The extended limitation period was rejected because suppression, clandestine removal, and intent to evade duty were not established in an interpretational dispute, and the demand, interest and penalty were set aside.
Physical and mechanical beneficiation that removes foreign matter and concentrates mineral content was treated as manufacture under Chapter Note 4 to Chapter 26, and the goods were classifiable as concentrates. Despite failure to follow CT-3 and related procedure, duty-free clearances to 100% EOUs could not be denied because the lapse arose from a bona fide belief that the goods were not dutiable, and the law did not require an impossible act. The department also failed to prove that the disputed clearances were not as such supplies, so those sales were excluded from turnover. The extended limitation period was rejected because suppression, clandestine removal, and intent to evade duty were not established in an interpretational dispute, and the demand, interest and penalty were set aside.
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