Exemption from Tax - Classification of goods sold - emery cloth ...

VAT and Sales Tax

May 7, 2024

Exemption from Tax - Classification of goods sold - emery cloth - unclassified item or not - tarpaulins - cotton fabrics or not - The Tribunal, after considering submissions from both parties, concluded that the initial assessment of turnover was flawed. It held that emery cloth and tarpaulins qualified for tax exemptions under relevant provisions of the APGST Act and the Additional Duties of Excise Act, 1957. The Tribunal's decision was based on interpretations of legal provisions and precedents, affirming that the goods in question fell within exempt categories. - The High Court, upon review, upheld the Tribunal's decision, emphasizing the correct interpretation of the law and precedents. It affirmed that emery cloth and tarpaulins were rightly classified as exempt from tax, as per the provisions of the APGST Act and the Additional Duties of Excise Act, 1957.

View Source

← Previous Next →

Exemption from Tax - Classification of goods sold - emery cloth ...

VAT and Sales Tax

May 7, 2024

You may also like:

Goods and services Tax - Rates of Tax for goods and Services - Schedule wise and item wise

Classification of manufactured goods - Potato Flakes - the subject goods are classifiable under Tariff Item No. 11052000

Classification of supply of goods/services - rate of GST applicable - Restaurant services - Supply of items such as birthday stickers, candles, birthday caps, Balloon,...

Classification - pure coconut oil which is manufactured by the revisionist - would be liable to tax at 4% and not as an unclassified item taxable at 12.5% - HC

Classification of goods - Biozyme - If the commodity is sold, semi-sold, viscous or a mixture of sold and liquid and volume means, if the commodity is liquid or is sold...

Classification of goods - product ‘alternators - General Rules for Interpretation - The ‘General Rules’ come into play only if classification and assessment of...

Classification of goods - sale of Printer under VAT Act as a Computer peripheral - taxable at 4% or as unclassified items under Schedule @ 12.5%? - although their...

Classification Natural Beta Kerotene - It may be that as a marketing requirement the subject item(s) have been sold as food supplement or dietary supplement but it does...

Refund of the Additional Duty of Customs (SAD) - rejection of refund on the ground that the description of the imported goods and the goods sold in India does not tally...

Classification of goods - unclassified goods - manufacturing of chemical in the brand name of ‘AT-PLAST’ - The Tribunal while coming to the conclusion has held that the...

Classification of goods - Rexona - Lux - the item in question is soap only for classification under Chapter Heading 34 and it is not bath preparation for classification...

Classification of goods - Soft Drink Concentrates - there cannot be two opinions regarding the classification of the item Soft Drink Concentrates (unbranded) and,...

Classification of goods - The Bus air-conditioning system inclusive of Rooftop unit, compressor and installation kit for one consolidated price to a single customer...

Levy of VAT (tax) - Turnover of old machinery and equipment after the closure of business - The central contention is the interpretation of the amended definition of...

Classification of imported goods - 36-Port-100GE Interface Card - The exemption notification does not perse provide for any aid for classification of goods. - It is a...

Quick Updates: