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VAT - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Classification - Rice Bran Oil which is fit for human ...


Rice Bran Oil classified separately from industrial RB Fatty Acid and RB Acid Oil, affecting VAT and sales tax treatment.

May 2, 2015

Case Laws     VAT and Sales Tax     HC

Classification - Rice Bran Oil which is fit for human consumption can only be a different and distinct commodity from the other two commodities viz., RB Fatty Acid and RB Acid Oil as the former is fit for human consumption while the latter two commodities are only used in the process of manufacture of soaps/cattle feed. - HC

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