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Mere Broad-Basing Of Entries Under Central Excise Tariff Act, Cannot Justify Re-Classification, Without Change In Nature, Character Or Use Of The Product: Supreme Court

The Supreme Court has ruled that the classification of a product under the Central Excise Tariff Act, 1985, cannot be changed merely on the ground of change of tax structure or tariff entries, without...
United States Andhra Pradesh Sunil Kumar Srivastava Sudhakar Kulwant Akshay Amritanshu Vikram Nath
Source: livelaw.in

Supreme Court Upholds Requirement Of 'Pre-Import Condition' To Claim IGST And GST Compensation Cess On Imports Made Under 'Advance Authorization'

The Supreme Court has upheld the requirement of ‘pre-import condition’ incorporated in the Foreign Trade Policy of 2015-2020 (FTP) and Handbook of Procedures 2015-2020 (HBP) to claim exemption of...
Trishala Trivedi Mukesh Kumar Maroria Shamik Shirishbhai Sanjanwala Siddharth Srivastav Upkar Agrawal Ayush Malhotra
Source: livelaw.in

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