Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
Classification of goods - Import of Nutrition/Dietary Supplements - Levy of IGST @18% or 28% on Import - The tribunal noted that the Revenue argued for the classification of the goods under Serial No. 9 of Schedule IV, which attracted an IGST rate of 28%. - After a detailed analysis, the tribunal concluded that the goods in question did not fall under Serial No. 9 of Schedule IV. Instead, they determined that the correct classification was under Serial No. 453 and/or 23 of Schedule III, which attracted an IGST rate of 18%. - Therefore, the tribunal set aside the impugned order and allowed the appeal, granting consequential relief as per law.
Classification of goods - Import of Nutrition/Dietary Supplements - Levy of IGST @18% or 28% on Import - The tribunal noted that the Revenue argued for the classification of the goods under Serial No. 9 of Schedule IV, which attracted an IGST rate of 28%. - After a detailed analysis, the tribunal concluded that the goods in question did not fall under Serial No. 9 of Schedule IV. Instead, they determined that the correct classification was under Serial No. 453 and/or 23 of Schedule III, which attracted an IGST rate of 18%. - Therefore, the tribunal set aside the impugned order and allowed the appeal, granting consequential relief as per law.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
