Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Compostable polymer bags and packing materials made from PLA and PBAT blends are classifiable as plastic articles for the conveyance or packing of goods under heading 3923 2990, rather than as paper products under Chapter 48. Eligibility for the concessional GST rate applicable to biodegradable bags depends on compliance with the separate standards for biodegradable plastics, including IS 17899 T:2022 and the required CPCB certification. Certification as compostable under IS/ISO 17088 does not establish that the goods are biodegradable, particularly because the biodegradable-plastics standard excludes compostable plastics within that regime. Such compostable bags are therefore outside the concessional entry for paper sacks, bags and biodegradable bags.
Compostable polymer bags and packing materials made from PLA and PBAT blends are classifiable as plastic articles for the conveyance or packing of goods under heading 3923 2990, rather than as paper products under Chapter 48. Eligibility for the concessional GST rate applicable to biodegradable bags depends on compliance with the separate standards for biodegradable plastics, including IS 17899 T:2022 and the required CPCB certification. Certification as compostable under IS/ISO 17088 does not establish that the goods are biodegradable, particularly because the biodegradable-plastics standard excludes compostable plastics within that regime. Such compostable bags are therefore outside the concessional entry for paper sacks, bags and biodegradable bags.
Note: It is a system-generated summary and is for quick reference only.
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