https://www.taxtmi.com/caselaws?id=450170 CESTAT Mumbai held that Social Welfare Surcharge (SWS) is not payable on goods imported under MEIS scheme where customs duty is exempted. The tribunal ruled that since SWS is calculated at 10% of customs duty actually levied under Section 110 of Finance Act 2018, and no customs duty was payable due to exemption notification, SWS automatically becomes zero. The decision followed Bombay HC precedent in La Tim Sourcing case and SC's ruling in Pasupathi Acrylon Ltd, establishing that no cess is payable when basic customs duty is nil. Appeals allowed in favor of appellants. en-us Tue, 27 Feb 2024 00:00:00 +0530 Wed, 28 Feb 2024 20:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450170 CESTAT Mumbai held that Social Welfare Surcharge (SWS) is not payable on goods imported under MEIS scheme where customs duty is exempted. The tribunal ruled that since SWS is calculated at 10% of customs duty actually levied under Section 110 of Finance Act 2018, and no customs duty was payable due to exemption notification, SWS automatically becomes zero. The decision followed Bombay HC precedent in La Tim Sourcing case and SC's ruling in Pasupathi Acrylon Ltd, establishing that no cess is payable when basic customs duty is nil. Appeals allowed in favor of appellants. Case-Laws Customs Tue, 27 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450170