Importers of denatured ethyl alcohol drag government to court over GST classification issue

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Categories: GST Recent News

Importers of denatured ethyl alcohol, a raw material used in hand sanitisers and disinfectants, and a constituent used in Remdesivir, have approached the Bombay High Court after the customs department initiated investigations into the classification of imported products.

Hearing the writ petition filed by one of the companies, Satyam Petrochemicals, the court asked the customs department to give at least a week’s notice before taking any “coercive steps”.

The importers had claimed that the customs department had conducted seizures that could have impacted their supply and created a shortage of the raw material.

Source from: https://economictimes.indiatimes.com/news/economy/policy/importers-of-denatured-ethyl-alcohol-drag-government-to-court-over-gst-classification-issue/articleshow/88986712.cms