Supreme Court of India

Union of India and Ors. v. Cosmo Films Limited

Neutral citation
Reported as [2023] 7 S.C.R. 185
Bench S. Ra Vindra Bhat and Dipankar Datta JJ.
Decided 28 April 2023

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

What the Court ordered

For the foregoing reasons, this court holds that the Revenue has to succeed.

Judgment, page 45

From the headnote

Foreign Trade (Development & Regulation) Act, 1992 – Foreign Trade Policy of 2015-2020 (FTP) – Handbook of Procedures 2015-2020 (HBP) – Notification No.18/2015-Customs e xempted payment of basic customs duty, additional duty (countervailing duty, special additional duty), safeguard duty and anti-dump ing duty on inputs imported against a valid Advance Authorization (AA) – GST regime was introduced w.e.f 01.07.2017 – However, n o corresponding amendment was made to the aforesaid N otification w.r.t IGST and compensation cess – Notification No. 79/2017- Customs amended the aforesaid

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