The Customs Excise and Service Tax Appellate Tribunal ( CESTAT ), Chennai observed that the brand Nimbooz is not lemonade and allowed excise duty exemption. The appellant is engaged in the manufacture of aerated water and beverages which are sold under the brand “Nimbooz” from March 2009 onwards. The appellant since then has been classifying […]
The post ‘Nimbooz’ is not Lemonade: CESTAT allows Excise Duty Exemption to Pepsico [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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