Tuesday, September 18, 2018

Classification issue of 'Minute Maid Nimbu Fresh' under excise law referred to larger bench

GST/Excise & Customs: Where assessee was engaged in manufacture of a drink called 'Minute Maid Nimbu Fresh' and Adjudicating Authority relying on a decision of co-ordinate Bench of Tribunal held that subject drink would fall under Heading No. 2202 10 20, as instant Bench of Tribunal was not in agreement with decision of co-ordinate Bench, matter was referred to Larger Bench

from www.taxmann.com Latest Case Laws https://ift.tt/2PJIM8h

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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