Relief to Ozone Pharmaceuticals: CESTAT Quashes Excise duty demand for Clearance of Medicines on ground of Absence of Actual Loss to Revenue [Read Order]

By Shabna Rahim - On October 5, 2023 2:00 pm - 2 mins read
Relief - Ozone Pharmaceuticals - CESTAT - Quashes - Excise duty demand - Clearance of Medicines - ground - Absence of Actual Loss - Revenue - taxscan

The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) granted relief to the Ozone Pharmaceuticals Limited company by quashing the excise duty demand imposed on the clearance of medicines on the ground of absence of actual loss caused to the revenue department.  Ozone Pharmaceuticals Limited, the appellant assessee is engaged in…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader