Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Oil contained in bunker tanks in the engine room of a vessel imported for breaking up is classifiable under CTH 8908 along with the vessel itself. This issue has been decided by the Hon'ble Tribunal West Zonal Bench Ahmedabad in favor of ship breakers of Alang, allowing their appeal and setting aside the assessment of bills of entry and the order issued by the Commissioner (Appeal) Customs, Ahmedabad. The common finding is that the oil contained in the bunker tanks is classifiable under CTH 8908 along with the vessel imported for breaking up.
Oil contained in bunker tanks in the engine room of a vessel imported for breaking up is classifiable under CTH 8908 along with the vessel itself. This issue has been decided by the Hon'ble Tribunal West Zonal Bench Ahmedabad in favor of ship breakers of Alang, allowing their appeal and setting aside the assessment of bills of entry and the order issued by the Commissioner (Appeal) Customs, Ahmedabad. The common finding is that the oil contained in the bunker tanks is classifiable under CTH 8908 along with the vessel imported for breaking up.
Note: It is a system-generated summary and is for quick reference only.