Thursday, July 23, 2020

Hindalco Industries is justified in reducing Assessable Value to Actual Cost of production in Inter unit Transfer of Goods: CESTAT

The Customs, Excises, and Service Tax Appellate Tribunal (CESTAT) held that M/s. Hindalco Industries Ltd. is justified in reducing the assessable value to the actual cost of production in the inter-unit transfer of goods. The Appellant, M/s. Hindalco Industries Ltd. is engaged in the manufacture of Aluminium Rolled products falling under Chapter Heading No. 7606/7607 […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2WNU80V

No comments:

Post a Comment