Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
The case before CESTAT involved the classification of intermediate goods - polyester/cotton rove twisted yarn and nylon/cotton rove twisted yarn. The key issue was whether these goods should be classified under Subheading No.5608.00 or 5607.90. CESTAT held that the goods were not marketable, citing precedents such as CIMMCO BIRLA LTD. v. Commissioner of Central Excise. Due to non-marketability, the goods were not considered excisable, leading to the rejection of the duty demand. The penalty imposed was deemed unjustified as there was no prior proposal for it. The decision set aside the impugned orders and allowed the appeal.
The case before CESTAT involved the classification of intermediate goods - polyester/cotton rove twisted yarn and nylon/cotton rove twisted yarn. The key issue was whether these goods should be classified under Subheading No.5608.00 or 5607.90. CESTAT held that the goods were not marketable, citing precedents such as CIMMCO BIRLA LTD. v. Commissioner of Central Excise. Due to non-marketability, the goods were not considered excisable, leading to the rejection of the duty demand. The penalty imposed was deemed unjustified as there was no prior proposal for it. The decision set aside the impugned orders and allowed the appeal.
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