CENEX UPDATE - 13.05.2020

CX - Circular dated 14.01.2011 clearly mandates that no provision exists in CCR 2004 which obligates receipient of goods to ascertain if duty was payable on subject goods by manufactuer & then avail CENVAT credit: CESTAT ST - Subsidy is paid by Tata Tele Services to compensate for loss incurred by Appellant on sale of mobile handsets at a lower price and this cannot be said to have any relation to service of promotion or marketing - no tax under BAS: CESTAT Cus - Cocoa Powder cannot be imported against items Flour/Atta/Maida - Penalty cannot be imposed & goods cannot be confiscated where the Revenue was aware of imports & if importer does nothing else to attract such action: CESTAT