Supreme Court Income Tax Settlement Commission s Purpose Is To Give Assessee Chance To Disclose Undisclosed Income To Seek Immunity : Supreme Court Case Title: SHREE NILKANTH DEVELOPERS.
Milk cream being a different milk product cannot be classified as milk: Himachal Pradesh High Court thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Himachal Pradesh High Court has held that ‘milk cream’ cannot be classified as ‘milk’.The bench of Chief Justice M.S. Ramachandra Rao and Justice Ajay Mohan Goel, while dismissing the revision.
The final month of the current financial year has started. On the first day of March, several changes have come into effect which will affect the day-to-day lives of people. Among the important changes is revision in the price of commercial LPG cylinders.
GST rate tussle over flavoured milk
April 14, 2021
Authorities for Advance Rulings of Gujarat, TN and AP rule 12%, Karnataka goes for 5%
Flavoured milk has found different flavours with different Authorities for Advance Rulings (AARs). While Gujarat AAR followed its counterparts in Tamil Nadu and Andhra Pradesh to hold GST at the rate of 12 per cent, the Karnataka AAR went for 5 per cent.
Latest rulings from Gujarat are related with two famous milk product brands, Amul and Vadilal. Gujarat Co-Operative Milk Marketing Federation Ltd, owner of Amul brand, approached AAR to get ruling regarding on its flavoured milk product sold under trade name of ‘Amul Kool/Amul Kool Cafe’. Another application was moved with similar question by Vadilal for its flavoured milk product being sold under the trade name of ‘Power Sip’.