Wednesday, September 19, 2018

Product emerging, out of dehydration process of crude oil classifiable as petroleum oils under Heading No. 2709

GST/Excise and Customs: Where assessee procured commingled crude oil and after exposing same to dehydration process sold resultant oil to customers, product emerging out of process undertaken by assessee would be classifiable under Heading No. 2709 00 00 and not under Heading No. 2710 19 50

from www.taxmann.com Latest Case Laws https://ift.tt/2OB7mbv
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...