Notification No. 49/2015-Customs –Dated- 5th October, 2015- Seeks to further amend notification No. 12/2012-Customs dated 17.03.2012 so as to increase the basic customs duty on ghee, butter and butter oil from the present rate of 30% to 40% for a period of 6 months i.e upto and inclusive of the 31st day of March, 2016.… Read More »
Facts of the case are :- Periods 1996-1997 to 2000-2001 Assessee cleared non-woven carpets to Maruti paying duty based on invoice price .On inquiry from Maruti, department found that assessee had received additional amount on account of price escalation and therefore, raised demand of duty thereon .Tribunal held that duty is payable at ‘price’ at… Read More »
Brief facts of the Case are :- Assessee was manufacturing plastics laminated flexible packing material, viz., shrink sleeves’ and printing was done thereon as per requirement of customer . Assessee Claim :- Assessee claimed that since it was used for shatter resistance, puncture resistance and tamper proof packing, it was classifiable as ‘Plastics and articles… Read More »
IMPLEMENTATION OF PROVISIONS OF CIGARETTES AND OTHER TOBACCO PRODUCTS (PROHIBITION OF ADVERTISEMENT AND REGULATION OF TRADE AND COMMERCE, PRODUCTION, SUPPLY AND DISTRIBUTION) ACT, 2003 (COTPA) AND CIGARETTES AND OTHER TOBACCO PRODUCTS (PACKAGING AND LABELLING) RULES, 2008 LETTER F.NO.221/09/2015-CX.6, DATED 1-9-2015 Kind attention is invited to rule 3(l)(a) of the Cigarettes and Other Tobacco Products… Read More »
Section 2(f) of the Central Excise Act, 1944 Facts of the Case Assessee was engaged in customization of motor vehicle as per requirement of customer .Department argued that as per chapter Note 3 of Chapter 87 body building/fabrication etc. on chassis amounts to manufacture; therefore, customization is also manufacture . Assessee argued that it was… Read More »
Prima facie, telecom service providers : (a) cannot take input or capital goods credit of credit of tower parts and shelters; however (b) may take credit of ‘Erection, Installation and Commissioning’ and ‘Commercial or Industrial Construction’ services used for erection and installation of towers and shelters HIGH COURT OF MADRAS Aircel Ltd. v. Commissioner of… Read More »
Q Whether Circulars contrary to Supreme Court judgment need to be followed? As per the following clarification Circulars contrary to Supreme Court judgment need not be followed CLARIFICATION REGARDING BINDING NATURE OF CIRCULAR AND INSTRUCTIONS CIRCULAR NO. 1006/13/2015-CX, DATED 21-9-2015 A large number of judgments have been delivered by the Hon’ble Supreme Court on various… Read More »
Notification Issued Imposing a Provisional Safeguard Duty Effective from Today on Hot-Rolled Flat Products of Non-Alloy and Other Alloy Steel in Coils of a Width of 600 MM or More [Falling Under Heading 7208 or Tariff Item 7225 30 90] at the Rate of 20% (Twenty Percent) Ad-Valorem for a Period of 200 Days On… Read More »
[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-II, SECTION – 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE NEW DELHI NOTIFICATION NO. 21/2015-2020 Dated: September 14, 2015 Subject: Amendment in import policy conditions of apples under Exim code 0808 10 00 of Chapter 08 of ITC (HS),… Read More »
Ease of Doing Business in India by CBEC (Central Board of Excise and Custom) Ease of Doing Business In line with the objectives to facilitate trade and improve ease of doing business, the following measures have been taken by CBEC during last one year: SERVICE TAX • Reduction in number of levies: Education Cess and… Read More »