CENEX UPDATE - 21.04.2020

CX - 'Nimbooz' is not 'Lemonade'; rightly classifiable under CSH 2202 9020: CESTAT ST - Activity of transporting Iron ore from mining plant to crusher plant does not qualify as GTA service u/s 65(105)(zzp) of Finance Act 1994: CESTAT ST - Confirmation of duty demand along with interest & imposition of penalty in respect of a presumptive amount is not sustainable: CESTAT Cus - Value shown in the insurance policies cannot be a ground to enhance invoice value as such value might have been shown to get a higher amount of compensation in the event of goods getting lost or destroyed: CESTAT Cus - Valuation - Allegation that the excess amount over and above the invoice price was paid through hawala transaction is baseless as there is no evidence to prove the same: CESTAT