Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
Classification and rate of GST - parts of fuel injection pumps - Application of General Rules for Interpretation (GRI), along with the Customs Tariff Act and HSN explanatory notes - The AAR ruled that all the mentioned parts of fuel injection pumps are classifiable under HSN 84139190. - The AAR determined that the parts of fuel injection pumps are not specifically covered under any entry prescribing a 28% GST rate. Therefore, they fall under the residuary entry SI. No. 453 of Schedule III of the IGST Goods Rate Notification, attracting an 18% GST rate.
Classification and rate of GST - parts of fuel injection pumps - Application of General Rules for Interpretation (GRI), along with the Customs Tariff Act and HSN explanatory notes - The AAR ruled that all the mentioned parts of fuel injection pumps are classifiable under HSN 84139190. - The AAR determined that the parts of fuel injection pumps are not specifically covered under any entry prescribing a 28% GST rate. Therefore, they fall under the residuary entry SI. No. 453 of Schedule III of the IGST Goods Rate Notification, attracting an 18% GST rate.
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