Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
Attachment of equivalent-value properties as proceeds of crime upheld; preventive attachment order and confirmation sustained; no independent ED reinv...
Broker trading-system "technical glitch" redefinition and narrowed incident-reporting regime for large IBT/STWT brokers requiring 2-hr notice and 14-w...
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AAR examined whether imported CKD/component kits for Oven Toaster Griller (OTG) appliances constituted incomplete OTGs under Rule 2(a) of the GRI or were classifiable as parts. While the imported components, when assembled, would give the outer shape of an OTG and were dedicated to OTG use, crucial operational elements, notably the tempered front glass door assembly and power cord/plug, were absent from the consignment. Without the glass door, the heating chamber could not retain heat or perform core OTG functions. AAR held that the goods lacked the essential character of complete OTGs and ruled that they fall under Heading 8516, specifically CTI 8516.90.00 as parts.
AAR examined whether imported CKD/component kits for Oven Toaster Griller (OTG) appliances constituted incomplete OTGs under Rule 2(a) of the GRI or were classifiable as parts. While the imported components, when assembled, would give the outer shape of an OTG and were dedicated to OTG use, crucial operational elements, notably the tempered front glass door assembly and power cord/plug, were absent from the consignment. Without the glass door, the heating chamber could not retain heat or perform core OTG functions. AAR held that the goods lacked the essential character of complete OTGs and ruled that they fall under Heading 8516, specifically CTI 8516.90.00 as parts.
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