Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
AAR held that the anonymized applicant's product is a non-woven coir felt/sheet predominantly composed of coir and constitutes an intermediate industrial input rather than a finished bedding or furnishing article; consequently it does not fall within the entry for finished bedding articles and is not covered by the provision excluding coir products under the bedding entry. The Authority determined the proper 8-digit classification as 94049000 and concluded that the product is classifiable under the coir products entry in Schedule II, attracting GST at 12%. The ruling finalizes classification and applicable tax rate for the described coir felt/sheet.
AAR held that the anonymized applicant's product is a non-woven coir felt/sheet predominantly composed of coir and constitutes an intermediate industrial input rather than a finished bedding or furnishing article; consequently it does not fall within the entry for finished bedding articles and is not covered by the provision excluding coir products under the bedding entry. The Authority determined the proper 8-digit classification as 94049000 and concluded that the product is classifiable under the coir products entry in Schedule II, attracting GST at 12%. The ruling finalizes classification and applicable tax rate for the described coir felt/sheet.
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