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
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