Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
Blood glucose monitoring systems are classifiable as instruments for chemical analysis under CTH 9027 8090, rather than under the general heading for medical and surgical instruments in CTH 9018 9099. The article notes that the specific heading 90.27 prevails under the General Rules for Interpretation and the HSN Explanatory Notes. It further states that the explanatory notes to heading 90.18 do not support classification as medical instruments because glucose meters are principally used by individuals and not exclusively in professional practice. The reclassification and consequential demand were set aside.
Blood glucose monitoring systems are classifiable as instruments for chemical analysis under CTH 9027 8090, rather than under the general heading for medical and surgical instruments in CTH 9018 9099. The article notes that the specific heading 90.27 prevails under the General Rules for Interpretation and the HSN Explanatory Notes. It further states that the explanatory notes to heading 90.18 do not support classification as medical instruments because glucose meters are principally used by individuals and not exclusively in professional practice. The reclassification and consequential demand were set aside.
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