Blocked input tax credit for resort construction remains unavailable; interest follows actual utilisation, while delayed payment attracts statutory pe...
Duplicate PAN allocation requires record verification and deactivation reasons before assessment-related transactions can be attributed to an assessee...
Turmeric Extract / Curcuma Elixir, sold for direct human consumption as a general wellness nutraceutical or dietary supplement, falls under Heading 2106 as a food preparation. Classification follows primary function, essential character, common parlance and consumer perception, rather than medicinal qualities of ingredients; products intended for general well-being without specific therapeutic claims or drug recognition are not medicaments. The water-based product was also outside Chapter 33 because it contained no extracted essential oil and was not aromatic or intended for perfumery, cosmetics or flavouring. GST applied at 18% until revision and 5% from 22 September 2025. MRP does not affect classification or rate unless a rate notification makes it conditional on a value threshold.
Turmeric Extract / Curcuma Elixir, sold for direct human consumption as a general wellness nutraceutical or dietary supplement, falls under Heading 2106 as a food preparation. Classification follows primary function, essential character, common parlance and consumer perception, rather than medicinal qualities of ingredients; products intended for general well-being without specific therapeutic claims or drug recognition are not medicaments. The water-based product was also outside Chapter 33 because it contained no extracted essential oil and was not aromatic or intended for perfumery, cosmetics or flavouring. GST applied at 18% until revision and 5% from 22 September 2025. MRP does not affect classification or rate unless a rate notification makes it conditional on a value threshold.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4884 
