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...
Integrated golf function determines classification, placing launch monitors and simulators under other golf equipment rather than measuring instrument...
Public servant status under anti-corruption law extends to recognised stock exchange leadership; constitutional and sanction challenges do not succeed...
Acquiescence, homebuyer protection and clean-slate resolution principles prevent landowners from disrupting an integrated project through late termina...
CESTAT adjudicated customs duty exemption for digital still image video cameras, overturning the Commissioner (Appeals) order. The Tribunal held that the imported cameras qualify for basic customs duty exemption under notification dated 01.03.2005, as amended on 17.03.2012. The appellants were granted full exemption from basic customs duty, setting aside the previous restrictive interpretation. The Tribunal's ruling affirmed the broader applicability of the customs duty exemption notification, thereby allowing the customs appeals and providing relief to the importer.
CESTAT adjudicated customs duty exemption for digital still image video cameras, overturning the Commissioner (Appeals) order. The Tribunal held that the imported cameras qualify for basic customs duty exemption under notification dated 01.03.2005, as amended on 17.03.2012. The appellants were granted full exemption from basic customs duty, setting aside the previous restrictive interpretation. The Tribunal's ruling affirmed the broader applicability of the customs duty exemption notification, thereby allowing the customs appeals and providing relief to the importer.
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