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    Depreciation on goodwill and overdue receivables pricing: goodwill deduction allowed, notional interest adjustment deleted in amalgamation dispute.
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      Automotive dashboard Display Closing Assemblies are described as...

      Motor-vehicle parts classification governs dashboard display assemblies, excluding flat-panel display treatment and the related customs exemption.

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      CustomsJuly 25, 2026Case LawsAAR
      Automotive dashboard Display Closing Assemblies are described as classifiable under tariff item 8708 99 00 as motor-vehicle parts where they are solely intended for vehicle dashboards, are not excluded by the Section XVII Notes, and are not more specifically covered elsewhere. The presence of LCD screens and printed circuit boards does not, by itself, give the sub-assembly independent character as a flat-panel display or radio-reception apparatus. Classification under Heading 8708 excludes treatment as a liquid crystal device under Heading 8524; consequently, the claimed exemption under Notification No. 24/2005-Customs is stated to be unavailable.

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      ActsIncome Tax