Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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...
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.
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