Customs Excise and Service Tax Appellate Tribunal (CESTAT), Chennai held that Axe Brand Universal Oil is classifiable under Chapter 30 of Excise Act, attracts 12% duty. The respondents M/s. SMA Trading Company imported “Axe Brand Universal Oil (3ml, 5ml, 10 ml, 25ml and 56 ml)” vide Bill of Entry dated 1.12.2016 and self-assessed the same…
Source Taxscan
Latest Posts in "India"
- 56th GST Council meeting is scheduled for September 3rd and 4th, 2025
- Eight States Demand GST Rate Cuts Be Tied to Revenue Guarantee and Consumer Benefits
- CII Urges Corporates to Transfer GST Rate Cut Benefits to Consumers Before Festive Season
- DGFT Extends Export Obligation Period, Boosting Indian Textile Exporters’ Competitiveness
- GST 2.0: New Two-Slab Tax Regime Announced, Healthcare and Essentials to Get Cheaper