Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
CESTAT adjudicated a customs classification dispute involving industrial inkjet printing machines. The tribunal upheld classification under CTI 8443 3910 for specialized printing machinery, rejecting appellant's attempt to classify under a lower-duty heading. The decision confirmed differential duty demand, finding deliberate misdeclaration with intent to evade customs duty. The tribunal sustained penalties under Sections 114A and reduced individual penalty under Section 112(a) to Rs.2,50,000/-. Customs Appeal No.55672 was partially allowed, while Appeal No.55671 was dismissed, affirming the original order's core findings regarding classification and duty liability.
CESTAT adjudicated a customs classification dispute involving industrial inkjet printing machines. The tribunal upheld classification under CTI 8443 3910 for specialized printing machinery, rejecting appellant's attempt to classify under a lower-duty heading. The decision confirmed differential duty demand, finding deliberate misdeclaration with intent to evade customs duty. The tribunal sustained penalties under Sections 114A and reduced individual penalty under Section 112(a) to Rs.2,50,000/-. Customs Appeal No.55672 was partially allowed, while Appeal No.55671 was dismissed, affirming the original order's core findings regarding classification and duty liability.
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