Power bank definition limits the customs-duty exclusion, preserving concessional treatment for stationary, grid-scale and industrial battery storage s...
Packing-material input credits support inverted-duty refunds for packaged tea, while rate-reduction and concessional-supply circulars remain inapplica...
IGST exemption for aircraft parts re-imported after overseas repairs remains available under the re-import exemption framework. The later insertion of the words "tax and cess" and Explanation (d), used to support an IGST levy, was treated as ultra vires following its invalidation by the High Court. The associated circular cannot independently sustain IGST on repaired parts re-imported from abroad. Customs-duty exemption provisions therefore do not authorise IGST on eligible re-imported aircraft parts.
IGST exemption for aircraft parts re-imported after overseas repairs remains available under the re-import exemption framework. The later insertion of the words "tax and cess" and Explanation (d), used to support an IGST levy, was treated as ultra vires following its invalidation by the High Court. The associated circular cannot independently sustain IGST on repaired parts re-imported from abroad. Customs-duty exemption provisions therefore do not authorise IGST on eligible re-imported aircraft parts.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4910 
