Interpretation favouring Taxpayer should be adopted in case of multiple Interpretation

John’s Cashew Company Vs Commissioner of Customs (CESTAT Bangalore) Where two reasonable constructions of a taxing provision are possible then the construction which favours the assessee must be adopted The Hon’ble Customs, Excise & Services Tax Appellate Tribunal, Bangalore (CESTAT) in the matter of John’s Cashew Company v. Commissioner of Customs, Cochin [Final Order 20792 /2021 dated October 18, 2021], allowed the refund of 4% of Special Additional Duty. Further, held that if two reasonable constructions of a taxing provision are possible then that construction which favours the a...