Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Classification of micronutrient fertilizers - Presence of nitrogen as a chelating agent - essential constituent - In this remand back case from the Supreme Court, the tribunal observed that, the process lacks a chemical reaction that could justify the presence of nitrogen as an essential constituent of the product. Therefore, the Tribunal upheld the classification of the products under Chapter Subheading 3808.20 as PGR, not as "Other Fertilizers" under Chapter 3105, confirming the demands for duty with interest. Penalties imposed on the company under Rule 25 and personal penalties under Rule 26 on the Partner were deemed unwarranted due to the nature of the classification issue and interpretation of law, hence were set aside.
Classification of micronutrient fertilizers - Presence of nitrogen as a chelating agent - essential constituent - In this remand back case from the Supreme Court, the tribunal observed that, the process lacks a chemical reaction that could justify the presence of nitrogen as an essential constituent of the product. Therefore, the Tribunal upheld the classification of the products under Chapter Subheading 3808.20 as PGR, not as "Other Fertilizers" under Chapter 3105, confirming the demands for duty with interest. Penalties imposed on the company under Rule 25 and personal penalties under Rule 26 on the Partner were deemed unwarranted due to the nature of the classification issue and interpretation of law, hence were set aside.
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