Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
The Authority for Advance Rulings, Karnataka addressed the issue of classification of "BEE-PRIME FEED" under HSN 2309 9090. The product, a premium nutritional supplement for bees, contains ingredients like Vitamin C, niacin, and refined sugar. It was determined that the product, though not natural honey, qualifies as artificial honey due to its composition and role similar to flower honey. Therefore, it was classified under heading 1702.90 and subject to a GST rate of 18%.
The Authority for Advance Rulings, Karnataka addressed the issue of classification of "BEE-PRIME FEED" under HSN 2309 9090. The product, a premium nutritional supplement for bees, contains ingredients like Vitamin C, niacin, and refined sugar. It was determined that the product, though not natural honey, qualifies as artificial honey due to its composition and role similar to flower honey. Therefore, it was classified under heading 1702.90 and subject to a GST rate of 18%.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4796
Join Channel
TaxTMI 
