Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Imported electric ride-on toy components comprising only 60-65% of the parts needed for a complete toy, with essential components absent, are treated as toy parts rather than complete toys in CKD/SKD condition. Assembly with locally procured or manufactured components and subsequent testing produces a distinct finished product and constitutes manufacture under the concessional-duty import rules. Such imports are classified under CTH 95030091 and qualify for concessional customs-duty exemption under Notification No. 50/2017-Cus. The Toys (Quality Control) Order, 2020 does not apply because toy parts cannot independently be regarded as toys and BIS certification is not required for them.
Imported electric ride-on toy components comprising only 60-65% of the parts needed for a complete toy, with essential components absent, are treated as toy parts rather than complete toys in CKD/SKD condition. Assembly with locally procured or manufactured components and subsequent testing produces a distinct finished product and constitutes manufacture under the concessional-duty import rules. Such imports are classified under CTH 95030091 and qualify for concessional customs-duty exemption under Notification No. 50/2017-Cus. The Toys (Quality Control) Order, 2020 does not apply because toy parts cannot independently be regarded as toys and BIS certification is not required for them.
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