Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
Charitable registration turns on predominant purpose and genuine activities, while incidental fees and related-party rent require supporting adverse m...
MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
The appellant imported goods known as Tetramethyldodehdronaphto Furan (TF), classified as Aroma Chemicals. The show cause notice sought change in classification on grounds of its use as raw material for manufacturing synthetic perfumery compounds, fragrances, and flavour formulas. The Tribunal held that classification must be determined based on description in tariff headings, chapter and section notes, and rules of interpretation. The imported product, being a mixture of two isomers, is classifiable under Chapter 29 as per Chapter Note 1(b). The order relied on Chapter Note 1(e) to assert that when a product is dissolved in solvents making it suitable only for specific use, it can be taken out of Chapter 29. However, no evidence was produced regarding presence of solvents or suitability for single use. Consequently, the impugned order was set aside, and the appeal was allowed.
The appellant imported goods known as Tetramethyldodehdronaphto Furan (TF), classified as Aroma Chemicals. The show cause notice sought change in classification on grounds of its use as raw material for manufacturing synthetic perfumery compounds, fragrances, and flavour formulas. The Tribunal held that classification must be determined based on description in tariff headings, chapter and section notes, and rules of interpretation. The imported product, being a mixture of two isomers, is classifiable under Chapter 29 as per Chapter Note 1(b). The order relied on Chapter Note 1(e) to assert that when a product is dissolved in solvents making it suitable only for specific use, it can be taken out of Chapter 29. However, no evidence was produced regarding presence of solvents or suitability for single use. Consequently, the impugned order was set aside, and the appeal was allowed.
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