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...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
CESTAT ruled on classification dispute regarding Light Green Float Glass imports. The appellant sought classification under CTI 7005 10 10 of Customs Tariff Act, 1975, qualifying for basic customs duty exemption under 01.06.2011 notification. Examining test reports from CSIR Kolkata confirming presence of absorbent layer on tin side (fluorescent under UV illumination), CESTAT upheld previous Commissioner (Appeals) order classifying goods under CTI 7005 10 10. The Tribunal determined that goods satisfied conditions of Note 2(c) of Chapter 70, rejecting department's contention for classification under CTI 7005 21 10. Appeal dismissed, confirming classification under CTI 7005 10 10 with applicable duty exemption benefits.
CESTAT ruled on classification dispute regarding Light Green Float Glass imports. The appellant sought classification under CTI 7005 10 10 of Customs Tariff Act, 1975, qualifying for basic customs duty exemption under 01.06.2011 notification. Examining test reports from CSIR Kolkata confirming presence of absorbent layer on tin side (fluorescent under UV illumination), CESTAT upheld previous Commissioner (Appeals) order classifying goods under CTI 7005 10 10. The Tribunal determined that goods satisfied conditions of Note 2(c) of Chapter 70, rejecting department's contention for classification under CTI 7005 21 10. Appeal dismissed, confirming classification under CTI 7005 10 10 with applicable duty exemption benefits.
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