Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
Page of 4813
Press 'Enter' after typing page number.
2101 to 2120 of 96257 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The food product containing 22.94% fat cannot be classified as Margarine under chapter heading 1517 10 as per Food Safety and Standards Regulations, 2011 which requires fat content not less than 80% mass/mass for Margarine. The product is a preparation of vegetable fat specifically covered under 1517 90 90, not under residuary chapter heading 2106. Since it is a preparation of vegetable oil without animal fat, GST rate applicable is 5% as per S. No. 89 of Schedule I to Notification No. 1/2017 - IGST(Rate) dated 28.06.2017. The Appellate Authority for Advance Ruling upheld this classification and GST rate.
The food product containing 22.94% fat cannot be classified as Margarine under chapter heading 1517 10 as per Food Safety and Standards Regulations, 2011 which requires fat content not less than 80% mass/mass for Margarine. The product is a preparation of vegetable fat specifically covered under 1517 90 90, not under residuary chapter heading 2106. Since it is a preparation of vegetable oil without animal fat, GST rate applicable is 5% as per S. No. 89 of Schedule I to Notification No. 1/2017 - IGST(Rate) dated 28.06.2017. The Appellate Authority for Advance Ruling upheld this classification and GST rate.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4813 
Join Channel 
