Topic
Notification 50/2017-Customs
2 articles
Indirect Tax & GST
Missing Battery, Complete Vehicle: CESTAT Principal Bench Classifies a CKD Electric Motorcycle Kit as a Whole Vehicle but Denies the Concessional Kit Exemption
An importer of electric two-wheeler kits argued that a notice issued by an Assistant Commissioner was void, that self-assessed Bills of Entry were final, and that kits missing batteries and chargers still earned the concessional rate. The Tribunal rejected each point: classification follows essential character, but the exemption demands every necessary component.
14 min readIndirect Tax & GST
Fresh Contract, Fresh Import: Delhi High Court Denies Customs Re-Import Exemption on Petroleum Equipment Routed Through an FTWZ
Baker Hughes, BJ Services and Halliburton argued that parking exploration equipment in an FTWZ between contracts let them re-enter it duty-free as a re-import. The Delhi High Court disagreed: without continuity between the export and the return, there is no re-import at all.
14 min read