Home Highlights July 2012 Year 2012 This

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1. Taxability of sale of FPS - Focus Product Scheme (FPS) was first introduced with the objective to incentivize export of such products which have high export...

2. Regarding Exemption under Focus Market Scheme (FMS). - Notification

3. Notification regarding exemption of duties of Central Excise against scrips issued under the RoSCTL scheme and additional ad-hoc incentive for apparel and made-ups sector.

4. Exemption from GST - Duty Credit Scrips issued under RoSCTL scheme issued by Directorate General of Foreign Trade - Duty Credit Scrips issued under RoSCTL Scheme is not...

5. Regarding exemption under Status Holder Incentive Scrip (SHIS) scheme. - Notification

6. Phasing out of physical copies of Merchandise Exports from India Scheme (MEIS)/Services Exports from India Scheme (SEIS) Duty Credit Scrips issued with EDI port as Port...

7. Notification regarding exemption of duties of Customs against scrips issued under the 2% Additional ad hoc incentive for mobile phones.

8. Focus Product Scheme - licence was issued against the fake shipping bills - Penalty - Appellants are entitled to get the relief on the principle of equity before the law - AT

9. Regarding Exemption under Agri. Infrastructure Incentive Scrip. - Notification

10. Entitlement of Duty Credit Scrips under Served From India Scheme (SFIS) declared deficient – It is undisputed that brand "Castrol India" is not an Indian brand -...