Split consignment classification treated complementary motorcycle parts as one imported motorcycle, sustaining valuation, confiscation and importer li...
Timely pronouncement of reserved judgments requires defined timelines, transparency measures, and remedial pathways to protect liberty and effective j...
Settlement-price depression requires proof of manipulation, not merely short exposure, late selling, or below-market orders, preserving disclosure pen...
Demand of service tax on the interest earned from hire purchase finance transactions. - The Tribunal observes that the ownership of the goods remains with the customers, and the Appellant only finances the purchase. There is no clause providing customers an option to purchase the product at the end of payment of all installments. Relying on the Supreme Court's decision, the Tribunal distinguishes between hire purchase agreements and hire purchase finance agreements. - Demand set aside.
Demand of service tax on the interest earned from hire purchase finance transactions. - The Tribunal observes that the ownership of the goods remains with the customers, and the Appellant only finances the purchase. There is no clause providing customers an option to purchase the product at the end of payment of all installments. Relying on the Supreme Court's decision, the Tribunal distinguishes between hire purchase agreements and hire purchase finance agreements. - Demand set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4894 
