Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Natural Antioxidant Water with natural Betel Leaf extract and natural Ajwain extract cannot be classified under HSN 2202 9920 as it does not contain any fruit juice or fruit pulp. The product is essentially 'Paan flavored water' with menthol crystals dissolved in propylene glycol as a flavoring additive. It is not classifiable under HSN 2201 1010 due to the exclusion clause of "nor flavoured" in the goods description. The product is rightly classifiable under HSN 2202 1090 as "All goods (including aerated waters), containing added sugar or other sweetening matter or flavoured", taxable at 28% under Sl. No 12 to Schedule IV of the Notification No 1/2017, Central Tax (Rate) dated 28.06.2017, and compensation Cess at 12% under Sl. No 4 of Notification No 1/2017-Compensation Cess (Rate) dated 28.06.2017.
Natural Antioxidant Water with natural Betel Leaf extract and natural Ajwain extract cannot be classified under HSN 2202 9920 as it does not contain any fruit juice or fruit pulp. The product is essentially 'Paan flavored water' with menthol crystals dissolved in propylene glycol as a flavoring additive. It is not classifiable under HSN 2201 1010 due to the exclusion clause of "nor flavoured" in the goods description. The product is rightly classifiable under HSN 2202 1090 as "All goods (including aerated waters), containing added sugar or other sweetening matter or flavoured", taxable at 28% under Sl. No 12 to Schedule IV of the Notification No 1/2017, Central Tax (Rate) dated 28.06.2017, and compensation Cess at 12% under Sl. No 4 of Notification No 1/2017-Compensation Cess (Rate) dated 28.06.2017.
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