Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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The appellant imported goods declared as Rutile Sand/Rutile and claimed classification under Heading 26.14 of Customs Tariff, availing exemption from CVD under N/N. 4/2006-CE. The goods contained 90-96% Titanium Dioxide as per test reports. Customs authorities examined documents like invoices, packing lists, test certificates and allowed exemption after assessment from 2007-2012. Invoking extended period of limitation for differential duty demands along with interest was held unsustainable as the appellant made correct declarations at import. The Tribunal allowed the appeal in part.
The appellant imported goods declared as Rutile Sand/Rutile and claimed classification under Heading 26.14 of Customs Tariff, availing exemption from CVD under N/N. 4/2006-CE. The goods contained 90-96% Titanium Dioxide as per test reports. Customs authorities examined documents like invoices, packing lists, test certificates and allowed exemption after assessment from 2007-2012. Invoking extended period of limitation for differential duty demands along with interest was held unsustainable as the appellant made correct declarations at import. The Tribunal allowed the appeal in part.
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