Exemption to ‘Hank Yarn’ can’t be restricted to Cotton Hank Yarn when the Provision is Clear and Unambiguous: Supreme Court [Read Order]

By Taxscan Team - On February 23, 2022 2:20 pm - 2 mins read
Exemption - “Hank Yarn” - Cotton Hank Yarn - Unambiguous - SC - taxscan

A two-judge bench of the Supreme Court consisting Justice Dinesh Maheswari and Justice Hrishikesh Roy held that the exemption to “Hank Yarn” cannot be restricted to cotton hank yarn only when the exemption notification is clear and unambiguous. The Authority for Clarification and Advance Ruling, had held that the commodity “Hank Yarn”, as stipulated 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