Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
AAR held that N/N 134/94-Cus dated 22.06.1994 and the MOOWR scheme, though both operating under s.65 of the Customs Act, 1962, function in distinct domains and their benefits cannot be simultaneously availed for the same imported second-hand goods. The applicant may, however, claim duty exemption under N/N 134/94-Cus for second-hand goods imported for repair, reconditioning, re-engineering, testing, calibration or maintenance, subject to strict compliance with its conditions, including re-export within three years and prior approval of the jurisdictional Principal Commissioner/Commissioner of Customs under s.65. AAR further clarified that valuation and duty treatment of wastage/scrap generated during such operations will be governed by s.65(2), differing based on whether resultant goods are exported or cleared for home consumption.
AAR held that N/N 134/94-Cus dated 22.06.1994 and the MOOWR scheme, though both operating under s.65 of the Customs Act, 1962, function in distinct domains and their benefits cannot be simultaneously availed for the same imported second-hand goods. The applicant may, however, claim duty exemption under N/N 134/94-Cus for second-hand goods imported for repair, reconditioning, re-engineering, testing, calibration or maintenance, subject to strict compliance with its conditions, including re-export within three years and prior approval of the jurisdictional Principal Commissioner/Commissioner of Customs under s.65. AAR further clarified that valuation and duty treatment of wastage/scrap generated during such operations will be governed by s.65(2), differing based on whether resultant goods are exported or cleared for home consumption.
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