CENEX UPDATE - 28.05.2020

CX - Discrepancy (shortage) is a normal loss arising due to various factors like handling loss, evaporation loss (moisture content), calculation error - cogent explanation not found untrue - clandestine removal charges unsustainable: CESTAT

ST - Proceeds from sale of books cannot be clubbed with provision of commercial training or coaching service, where separate invoices were issued for the books & solely because assessee earned 800% profit from sales thereof: CESTAT 

Cus - Refund - Excess payment made on instructions - It is a settled law that the Department cannot take advantage of its own wrong: CESTAT