https://www.taxtmi.com/highlights?id=73995 Benefit of exemption - Classification of the coconut oil sold by the appellant - It is settled law that a person claiming exemption has to establish that the product squarely falls within the category of exempted goods. It is also settled that while interpreting the exemption notification / statute, a consideration in favour of the Revenue has to be given and in case of ambiguity, the same has to be interpreted against the assessee. - HC en-us Sat, 06 Jan 2024 07:37:14 +0530 Sat, 06 Jan 2024 07:37:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73995 Benefit of exemption - Classification of the coconut oil sold by the appellant - It is settled law that a person claiming exemption has to establish that the product squarely falls within the category of exempted goods. It is also settled that while interpreting the exemption notification / statute, a consideration in favour of the Revenue has to be given and in case of ambiguity, the same has to be interpreted against the assessee. - HC Highlights VAT and Sales Tax Sat, 06 Jan 2024 07:37:14 +0530 https://www.taxtmi.com/highlights?id=73995