Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
The case involved a dispute u/s DGFT Notification No.77(RE-2008)/2004-2009 regarding the import classification of Round Ridge Cement Tiles. The issue was whether the tiles should be treated as 'processed tiles' subject to a minimum value requirement of US$ 50 per square meter. The appellant sought clarification from DGFT, which confirmed that the tiles were free for import under a specific HS code. The Tribunal held that the clarification from DGFT was valid, and the tiles could be imported free of restrictions, overturning the previous decision that imposed restrictions on the import. The impugned orders were set aside, and the appeal was allowed.
The case involved a dispute u/s DGFT Notification No.77(RE-2008)/2004-2009 regarding the import classification of Round Ridge Cement Tiles. The issue was whether the tiles should be treated as 'processed tiles' subject to a minimum value requirement of US$ 50 per square meter. The appellant sought clarification from DGFT, which confirmed that the tiles were free for import under a specific HS code. The Tribunal held that the clarification from DGFT was valid, and the tiles could be imported free of restrictions, overturning the previous decision that imposed restrictions on the import. The impugned orders were set aside, and the appeal was allowed.
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