https://www.taxtmi.com/caselaws?id=445000 CESTAT Kolkata held that Social Welfare Surcharge (SWS) cannot be levied on goods imported under MEIS/SEIS schemes when computed on notional Basic Customs Duty in cash. The tribunal applied established jurisprudence regarding Education Cess non-applicability for DEPB/Target Plus schemes to SWS, finding provisions pari materia. The tribunal prioritized Circular dated 01.02.2022 over earlier Circular dated 10.1.2020, distinguishing SC precedent in Unicorn Industries which concerned area-based exemption refunds rather than levy issues. Appeals were allowed, modifying assessments to exclude SWS imposition with consequential relief. en-us Fri, 22 Sep 2023 00:00:00 +0530 Sat, 28 Oct 2023 08:33:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445000 CESTAT Kolkata held that Social Welfare Surcharge (SWS) cannot be levied on goods imported under MEIS/SEIS schemes when computed on notional Basic Customs Duty in cash. The tribunal applied established jurisprudence regarding Education Cess non-applicability for DEPB/Target Plus schemes to SWS, finding provisions pari materia. The tribunal prioritized Circular dated 01.02.2022 over earlier Circular dated 10.1.2020, distinguishing SC precedent in Unicorn Industries which concerned area-based exemption refunds rather than levy issues. Appeals were allowed, modifying assessments to exclude SWS imposition with consequential relief. Case-Laws Customs Fri, 22 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445000