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…
HomeIndirect TaxesShahnaz Ayurvedics Products Are Ayurvedic Medicaments, Not Cosmetics; CESTAT Quashes Excise Duty
Shahnaz Ayurvedics Products Are Ayurvedic Medicaments, Not Cosmetics; CESTAT Quashes Excise Duty
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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