Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Medicated Toilet Soap is classified under tariff item 34011110, separate from other toilet soaps classified under tariff item 34011190. The revised GST notification adopts the Customs Tariff nomenclature and interpretative rules. The concessional Schedule I entry for toilet soap applies only to products under tariff item 34011190 and does not extend to Medicated Toilet Soap. Medicated Toilet Soap therefore falls under the residual Schedule II entry and attracts GST at 18% (9% CGST and 9% SGST).
Medicated Toilet Soap is classified under tariff item 34011110, separate from other toilet soaps classified under tariff item 34011190. The revised GST notification adopts the Customs Tariff nomenclature and interpretative rules. The concessional Schedule I entry for toilet soap applies only to products under tariff item 34011190 and does not extend to Medicated Toilet Soap. Medicated Toilet Soap therefore falls under the residual Schedule II entry and attracts GST at 18% (9% CGST and 9% SGST).
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