Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
The BD Viper LT System, an automated PCR-based platform for detecting high-risk HPV DNA, is classified as an optical checking instrument under tariff item 9031 49 00 rather than as an instrument for chemical analysis under heading 9027. The system processes specimens, generates and compares fluorescence signals against prescribed criteria, and reports positive or negative results; this constitutes checking rather than examination or measurement of the specimen's chemical properties. Classification follows Rule 1 because heading 9031 describes the goods, making Rule 3 inapplicable. The applicable basic customs duty is 7.5% ad valorem, and import IGST is 18%.
The BD Viper LT System, an automated PCR-based platform for detecting high-risk HPV DNA, is classified as an optical checking instrument under tariff item 9031 49 00 rather than as an instrument for chemical analysis under heading 9027. The system processes specimens, generates and compares fluorescence signals against prescribed criteria, and reports positive or negative results; this constitutes checking rather than examination or measurement of the specimen's chemical properties. Classification follows Rule 1 because heading 9031 describes the goods, making Rule 3 inapplicable. The applicable basic customs duty is 7.5% ad valorem, and import IGST is 18%.
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