International transaction characterisation of domestic divestment of support services business rejected; transaction between resident associated enter...
Minimum Import Price restrictions for Black Pepper, Areca-nuts and Apples upheld; procedural laying failure not fatal, notifications to be placed befo...
Transaction value between related persons requires market-equivalent pricing; importer must prove declared value mirrors ordinary international trade ...
Classification of exported insecticides under export tariff affirmed; reclassification and related penalties set aside and MEIS scrip jurisdiction rec...
AAR held the application maintainable and re-determined the tariff classification of imported "Nuclease Free Water." Applying Rule 1 of the General Rules for the Interpretation of the Import Tariff, it found the product to be pure, quality-tested water of a purity similar to distilled water, squarely covered under tariff item 28539010 of the Customs Tariff Act, 1975. The earlier treatment as certified reference material was held to be a misclassification based on erroneous interpretation. Relying on established jurisprudence that there is no estoppel in tax classification, AAR permitted reclassification and accepted the applicant's request for change in tariff heading.
AAR held the application maintainable and re-determined the tariff classification of imported "Nuclease Free Water." Applying Rule 1 of the General Rules for the Interpretation of the Import Tariff, it found the product to be pure, quality-tested water of a purity similar to distilled water, squarely covered under tariff item 28539010 of the Customs Tariff Act, 1975. The earlier treatment as certified reference material was held to be a misclassification based on erroneous interpretation. Relying on established jurisprudence that there is no estoppel in tax classification, AAR permitted reclassification and accepted the applicant's request for change in tariff heading.
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