Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
CESTAT dismissed the appeal concerning classification of imported Squid Liver Powder, upholding its classification under CTH 2309 9090 rather than CTH 2301 2011. The Tribunal rejected appellant's request to keep proceedings pending, citing the Supreme Court's ruling in Union Territory of Ladakh that courts must decide matters based on existing law. Following precedent established in Avanti Feeds Limited, CESTAT confirmed the product's classification under CTH 2309 9090. The Tribunal determined that Rule 3(b) regarding essential character was unnecessary as classification under CTH 2309 was clearly established by Customs Tariff and HSN. The appeal was dismissed as lacking merit.
CESTAT dismissed the appeal concerning classification of imported Squid Liver Powder, upholding its classification under CTH 2309 9090 rather than CTH 2301 2011. The Tribunal rejected appellant's request to keep proceedings pending, citing the Supreme Court's ruling in Union Territory of Ladakh that courts must decide matters based on existing law. Following precedent established in Avanti Feeds Limited, CESTAT confirmed the product's classification under CTH 2309 9090. The Tribunal determined that Rule 3(b) regarding essential character was unnecessary as classification under CTH 2309 was clearly established by Customs Tariff and HSN. The appeal was dismissed as lacking merit.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
