Mumbai, July 14 -- In a regulatory filing, the company disclosed that the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) on 11 November 2025 ruled in favour of Castrol India, rejecting MSTD's appeals for the assessment years 2007-08 to 2015-16 and for 2017-18.
The dispute centered around the taxability of goods transferred by Castrol from its Maharashtra-based plants and warehouses to clearing and forwarding agents (CFAs) in other states. The MSTD had claimed these movements amounted to inter-state sales made against pre-existing customer orders, liable for MVAT. Castrol India had contested the claim, asserting that the dispatches were not based on prior customer orders and adhered to a legally sound tax methodology.
The comp...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.