The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai bench has held that the acid oil emerges during the conversion of soapstock is an excisable product through the ‘soap stock’, which emerges during the course of refining of vegetable oil is not ‘excisable.’ The appellants, in the instant case, are procuring crude vegetable oil […]
The post ‘ Acid Oil ’ arises during Conversion of ‘ Soap Stock ’ is Excisable Product: CESTAT appeared first on Taxscan | Simplifying Tax Laws.
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