![Customs Officer being Stranger to Sale Contract cannot re-determine FOB Value: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/fob-site-img.jpg "Customs Officer being Stranger to Sale Contract cannot re-determine FOB Value: CESTAT [Read Order]")
Customs Officer being Stranger to Sale Contract cannot re-determine FOB Value: CESTAT [Read Order]
Recently, the New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that only parties to a contract of sale —...
![Relief to JSW Steel Limited: Delhi High Court Grants MEIS Benefits Despite Procedural Errors in Shipping Bill [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Delhi-High-Court-JSW-Steel-Limited-JSW-Steel-MEIS-benefits-Shipping-Bill-Error-Export-scheme-taxscan.jpg "Relief to JSW Steel Limited: Delhi High Court Grants MEIS Benefits Despite Procedural Errors in Shipping Bill [Read Order]")
Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Vishakhapatnam Bench, has recently, in an appeal filed before it, held that export incentives such as duty draw back and MEIS, are assessable as ‘profits or...
![Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Export-Export-Incentives-Duty-Draw-Back-MEIS-Profits-or-Gains-Profits-Gains-Business-or-Profession-Business-Profession-ITAT-Income-tax-Taxscan.jpg "Export Incentives such as Duty Draw Back and MEIS, Assessable as ‘Profits or Gains from Business or Profession’: ITAT [Read Order]")
Inadvertent Mistake Rectified by Amending of Shipping Bill for MEIS,DGFT can’t reject Application as not being filed Online: Bombay HC  [Read Order]
The Bombay High Court (HC) has held that the Director General of Foreign Trade ( DGFT ) can’t reject the application as not being filed online when an inadvertent mistake was rectified by amending of...
![Inadvertent Mistake Rectified by Amending of Shipping Bill for MEIS,DGFT can’t reject Application as not being filed Online: Bombay HC  [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Inadvertent-Mistake-Shipping-Bill-MEIS-DGFT-Bombay-High-Court-taxscan.jpg "Inadvertent Mistake Rectified by Amending of Shipping Bill for MEIS,DGFT can’t reject Application as not being filed Online: Bombay HC  [Read Order]")
Wrongly claimed benefit under MEIS without aware of Foreign Origin of Goods: CESTAT reduces Redemption Fine [Read Order]
The Ahmedabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) reduces redemption fines when an assessee wrongly claimed benefit under MEIS without being aware of the...
![Wrongly claimed benefit under MEIS without aware of Foreign Origin of Goods: CESTAT reduces Redemption Fine [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/MEIS-Foreign-Origin-of-Goods-CESTAT-Redemption-Fine-Fine-taxscan-1.jpg "Wrongly claimed benefit under MEIS without aware of Foreign Origin of Goods: CESTAT reduces Redemption Fine [Read Order]")
![DGFT extends Deadlines for submission of Application under MEIS till August 31, 2022 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/DGFT-submission-MEIS-taxscan.jpg "DGFT extends Deadlines for submission of Application under MEIS till August 31, 2022 [Read Circular]")
MEIS benefit can’t be granted merely on basis of pleadings which are Prima Facie insufficient: Bombay HC [Read Order]
The Bombay High Court has held that Merchandise Export from India Scheme (MEIS) benefit cannot be granted merely on the basis of pleadings which are prima facie insufficient. The petitioner,...
![MEIS benefit can’t be granted merely on basis of pleadings which are Prima Facie insufficient: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/MEIS-Basis-of-pleadings-Pleadings-Prima-facie-insufficient-Bombay-High-Court-MEIS-benefit-Taxscan.jpg "MEIS benefit can’t be granted merely on basis of pleadings which are Prima Facie insufficient: Bombay HC [Read Order]")
![Govt. extends Last Date for Submitting Applications for Scrip based FTP Schemes [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/12/FTP-Schemes.jpg "Govt. extends Last Date for Submitting Applications for Scrip based FTP Schemes [Read Circular]")