Bombay High Court Upholds Tribunal's Classification of Saffron as Ayurvedic Medicine in Sales Tax Reference. Saffron/Kesar held to be ayurvedic medicine in natural form under Entry 214 of Notification under Section 41 of Bombay Sales Tax Act, 1959, liable to tax at 4%, not culinary essence under Entry 78 Schedule C Part II liable at 15%.
16 Dec 2005The case concerns the classification of saffron (kesar) under the Bombay Sales Tax Act, 1959 for the purpose of sales tax. The respondent-assessee, a ...
