Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
Enforcement of resolution-plan directions continues without a Supreme Court stay, preventing suspension of redistribution and escrowed-fund distributi...
Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
Pure-agent reimbursements in clearing and forwarding services are excluded from taxable value when qualifying third-party payments are properly record...
Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
The AAR held that, on the presented facts and documentary evidence (FSSAI licence, trademark certificate and test report), the applicant's refined rice bran oil is of edible grade and, notwithstanding its marketing as lamp oil, classification must be governed by the product's composition rather than asserted end-use absent explicit tariff provision. Consequently, the oil, when supplied without additives or admixture of other oils, is classifiable under Tariff Heading 1515 90 40 of the Customs Tariff Act, 1975. The ruling denies reclassification based on commercial description and concludes that Sl. No. 87 of Schedule I to Notification No. 1/2017-Central Tax (Rate) is not applicable to alter this classification.
The AAR held that, on the presented facts and documentary evidence (FSSAI licence, trademark certificate and test report), the applicant's refined rice bran oil is of edible grade and, notwithstanding its marketing as lamp oil, classification must be governed by the product's composition rather than asserted end-use absent explicit tariff provision. Consequently, the oil, when supplied without additives or admixture of other oils, is classifiable under Tariff Heading 1515 90 40 of the Customs Tariff Act, 1975. The ruling denies reclassification based on commercial description and concludes that Sl. No. 87 of Schedule I to Notification No. 1/2017-Central Tax (Rate) is not applicable to alter this classification.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4788
Join Channel
TaxTMI 
