The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed setting aside of confiscation and held that low aromatic white spirit is classifiable under Light Oil and Preparations under the Customs, Tariff Act. DRI, New Delhi has issued an Alert Circular No.02/2020-CI vide F.No.DRI/HQCI/CCELL/29/XI/16/2019/2051 dated 23.03.2020 regarding “Violations of Petroleum Act,…
