CESTAT Kolkata grants Vedanta Ltd. 12% interest for a 15-year delay in export duty refund due to inaction by Kolkata Customs. Decision aligns with Section 27A of the Customs Act.
Gauhati HC quashes GST Notification No. 56/2023, clarifying that ratification cannot substitute prior recommendation as mandated under Section 168A of the CGST Act.
ITAT Delhi held that revisionary proceedings under section 263 of the Income Tax Act would not survive since the assessment order is held to be non-est. Thus, appeal dismissed as having become infructuous.
In the matter abovementioned ITAT remanded the matter to CIT (A) after observing that no proper opportunity was given to assessee and assessee was able to substantiate the additions made by AO if opportunity may be granted.
It was argued on behalf of the revenue that tribunal was not justified in passing the order as it is an admitted fact that huge cash was deposited in the bank account of the assessee, which was totally contrary to the agreement hence provisions 69A were attracted.
Explore CAAR Mumbai’s ruling on classifying nylon, polyester, and satin rolls as labels under Heading 5807 of the Customs Tariff Act, aligning with IGST regulations.
CAAR Mumbai rules that glucometers like Accu-Chek are classifiable under HS Code 9018 19 90 as electro-medical apparatus, with duty rates subject to CBIC notifications.
CAAR Delhi ruled Grindsted PGE 55-M, a food emulsifier, is classifiable under Tariff Item 3404 90 39. Analysis of its composition, properties, and classification process.
In re Danisco India Pvt. Ltd. (CAAR Delhi) Customs Authority for Advance Rulings (CAAR), Delhi, analyzed the classification of “Grindsted SSL P 70 Veg,” a food emulsifying agent primarily composed of Sodium Stearoyl Lactylate. The product is manufactured through a chemical reaction involving stearic acid and lactic acid, resulting in a waxy material widely used […]
Detailed analysis of GRINDSTED PGMS 86 used in food as an emulsifier. Examines classification under CTH 3404 based on chemical and physical properties.
