Supervisory permanent establishment requires project-wise duration and qualifying construction nexus; offshore supplies and salary reimbursements rema...
Transfer-pricing comparability permits fresh objections and filters where software service comparables are functionally unsuitable for arm's-length pr...
Territorial rendering requirement excludes China-based management and consultancy services from fees for technical services under the India-China DTAA...
Status Holder Incentive Scrip customs-duty exemption extends to thermic fluids treated as capital goods where they are initially charged into a manufacturing plant and directly support its operation. The definition of capital goods under the Foreign Trade Policy and the exemption notification covers plant, machinery, equipment and accessories required directly or indirectly for manufacture, including specified goods for initial charge. Thermic fluids supplying high-temperature heat at low pressure for continuous polycondensation form part of the plant because they are essential to polyester manufacture. Classification as chemicals or treatment as inputs under SION does not displace their functional character as capital goods.
Status Holder Incentive Scrip customs-duty exemption extends to thermic fluids treated as capital goods where they are initially charged into a manufacturing plant and directly support its operation. The definition of capital goods under the Foreign Trade Policy and the exemption notification covers plant, machinery, equipment and accessories required directly or indirectly for manufacture, including specified goods for initial charge. Thermic fluids supplying high-temperature heat at low pressure for continuous polycondensation form part of the plant because they are essential to polyester manufacture. Classification as chemicals or treatment as inputs under SION does not displace their functional character as capital goods.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4879 
