Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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CESTAT determined Natural Beta Carotene Powder's classification under Customs Tariff Act, 1975. While appellant sought classification under TI 3203 00 20 (industrial coloring products), the tribunal upheld classification under CTH 2106 90 60 (food flavoring material). Key reasoning: Chapter 3203 covers industrial, non-edible coloring products, while the subject product was specifically marketed as a food coloring agent for beverages and edible items. Product documentation confirmed its primary use as a yellow-orange food colorant, aligning with CTH 2106 90 60's scope for food flavoring materials. Appeal dismissed, original classification maintained.
CESTAT determined Natural Beta Carotene Powder's classification under Customs Tariff Act, 1975. While appellant sought classification under TI 3203 00 20 (industrial coloring products), the tribunal upheld classification under CTH 2106 90 60 (food flavoring material). Key reasoning: Chapter 3203 covers industrial, non-edible coloring products, while the subject product was specifically marketed as a food coloring agent for beverages and edible items. Product documentation confirmed its primary use as a yellow-orange food colorant, aligning with CTH 2106 90 60's scope for food flavoring materials. Appeal dismissed, original classification maintained.
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