Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Glucometers are classifiable under CTH 9027 as instruments for physical or chemical analysis because they measure blood glucose by analysing the chemical or enzymatic reaction on the test strip and converting it into a reading. Their medical use does not move them to CTH 9018 where a more specific analytical entry fits, and the device's blood-glucose measurement itself is a diagnostic step. The Tribunal followed earlier CESTAT, Bombay High Court and Supreme Court order authority, upheld the Commissioner (Appeals), and rejected the Revenue's claim for classification under CTH 90189099.
Glucometers are classifiable under CTH 9027 as instruments for physical or chemical analysis because they measure blood glucose by analysing the chemical or enzymatic reaction on the test strip and converting it into a reading. Their medical use does not move them to CTH 9018 where a more specific analytical entry fits, and the device's blood-glucose measurement itself is a diagnostic step. The Tribunal followed earlier CESTAT, Bombay High Court and Supreme Court order authority, upheld the Commissioner (Appeals), and rejected the Revenue's claim for classification under CTH 90189099.
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