Scientific research approval grants a research association tax recognition, subject to annual donor reporting, certification, and regulatory complianc...
Judicial discipline requires consistent reassessment treatment where identical facts were decided for the same taxpayer in the preceding assessment ye...
CESTAT allowed the appeal and set aside the impugned orders, holding that the imported quicklime (lump form) is correctly classifiable under Customs Tariff Item 2522.1000 as claimed by the appellant-assessee. Relying on the Tribunal's prior decision and material facts, the Bench found the CaO purity in the consignments to be below 98%, thereby excluding them from Chapter sub-heading 2825.9090 which covers CaO of 98% purity or more. In absence of contrary evidence from Revenue, the reclassification to 2825.9090 was rejected and the original assessment under 2522.1000 was upheld, with consequential relief to the appellant.
CESTAT allowed the appeal and set aside the impugned orders, holding that the imported quicklime (lump form) is correctly classifiable under Customs Tariff Item 2522.1000 as claimed by the appellant-assessee. Relying on the Tribunal's prior decision and material facts, the Bench found the CaO purity in the consignments to be below 98%, thereby excluding them from Chapter sub-heading 2825.9090 which covers CaO of 98% purity or more. In absence of contrary evidence from Revenue, the reclassification to 2825.9090 was rejected and the original assessment under 2522.1000 was upheld, with consequential relief to the appellant.
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