Embezzlement losses in charitable institutions remain allowable when misappropriation is established, irrecoverable, and not a specified-person benefi...
National long-distance undertaking status supports deduction where separately licensed infrastructure, resources, revenue, and expenditure establish c...
Agency reimbursement income follows contractual deposit-liability computation, while pending deposit collections do not constitute deemed-dividend loa...
CESTAT, an Appellate Tribunal, addressed the classification of aerated drinks and fruit pulp or fruit juice-based drinks under different brand names. The issue was whether to classify them under Tariff Heading 2202 9020 or Chapter Sub-heading 22021020 for the period April 2011 to August 2012. The Tribunal referred to a previous case and a decision by a Larger Bench, concluding that the products in question are classifiable under Tariff Item 2202 90 20 as "fruit pulp or fruit juice-based drinks." The Tribunal disagreed with a previous decision cited by the Commissioner. Consequently, the appeal was allowed in favor of the Appellant.
CESTAT, an Appellate Tribunal, addressed the classification of aerated drinks and fruit pulp or fruit juice-based drinks under different brand names. The issue was whether to classify them under Tariff Heading 2202 9020 or Chapter Sub-heading 22021020 for the period April 2011 to August 2012. The Tribunal referred to a previous case and a decision by a Larger Bench, concluding that the products in question are classifiable under Tariff Item 2202 90 20 as "fruit pulp or fruit juice-based drinks." The Tribunal disagreed with a previous decision cited by the Commissioner. Consequently, the appeal was allowed in favor of the Appellant.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4891 
