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...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
Customs valuation principles discussed in the text treat downloaded DCM software licences as part of the assessable value of imported HASP hardware locks where the locks cannot be activated or used without the corresponding software. The hardware and software were obtained from the same supplier, the software was specific to each lock, and payments were separately made; these features are presented as supporting treatment of both components as a single imported product for valuation. The text further states that non-disclosure of the software value can justify extended limitation where the importer knew the product's nature and notified an authority not competent to receive the information. It records confirmation of differential duty and penalty.
Customs valuation principles discussed in the text treat downloaded DCM software licences as part of the assessable value of imported HASP hardware locks where the locks cannot be activated or used without the corresponding software. The hardware and software were obtained from the same supplier, the software was specific to each lock, and payments were separately made; these features are presented as supporting treatment of both components as a single imported product for valuation. The text further states that non-disclosure of the software value can justify extended limitation where the importer knew the product's nature and notified an authority not competent to receive the information. It records confirmation of differential duty and penalty.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
