Indirect Taxes

Excise – MoDVAT – Classification of a product done at the consignor’s end shall be final and that cannot be changed/questioned at the consignee’s end.

Steel Authority of India Ltd. Vs. CCE & C, 2022-TIOL-77-SC-CX.

FTP 2015-2020 amended to permit payment of exports and imports in INR to sync with RBI guidelines.

Notification No. 35/2015-2020 dated 16-09-2022.

Assessee entitled to get refund of IGST paid on ocean freight along with interest.

Torrent Power Ltd. v. Union of India – [2022] 142 taxmann.com 314 (Gujarat).

CBIC increases validity of e-scrips from one year to two years.

Notification No. 79/2022 – Customs (N.T.) dated 15-09-2022.

Clarification regarding requirement of AGMARK Certification for import of food products.

Instruction No. 23/2022 dated 09-09-2022.

CBIC notifies Customs (Import of Goods at concessional Rate of Duty or for Specified End Use) Rules, 2022.

Notification No. 74/2022 – Customs (N.T) dated 09-09-2022.