The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Principal Bench in New Delhi, has ruled in favour of Shahnaz Ayurvedics (Dehradun), holding that several products manufactured by the company are Patent and Proprietary (P&P) Ayurvedic medicines and not cosmetics. Consequently, the tribunal set aside the excise duty demand, interest, and penalties imposed by the…
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