Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Classification of imported goods as electronic cigarette versus tobacco product reversed for lack of proof; order set aside for jurisdictional overrea...
Reversal of input tax credit in proportion to exempt supply: specificity of show-cause notice required; order set aside, fresh proceedings allowed wit...
Imported geophysical seismic survey equipment comprising interconnected instrument systems was classified by applying Section XVI Note 4 as a functional unit performing geophysical surveying, warranting classification under CTI 9015 80 30 as "Geophysical instruments"; specified sensing/emission components retained this classification even if imported separately, while the controller, if imported alone, was classifiable as parts under CTI 9015 90 00, and other spares/parts were to be classified per Chapter Notes 1-2 to Chapter 90. Although Chapter 90 goods satisfy the tariff-entry condition under Sr. No. 404 of Notification 50/2017-Cus, exemption was held conditional and available only if the importer proves specified-person/sub-contractor status and furnishes prescribed certifications/documents at import, failing which benefit is denied. - AAR
Imported geophysical seismic survey equipment comprising interconnected instrument systems was classified by applying Section XVI Note 4 as a functional unit performing geophysical surveying, warranting classification under CTI 9015 80 30 as "Geophysical instruments"; specified sensing/emission components retained this classification even if imported separately, while the controller, if imported alone, was classifiable as parts under CTI 9015 90 00, and other spares/parts were to be classified per Chapter Notes 1-2 to Chapter 90. Although Chapter 90 goods satisfy the tariff-entry condition under Sr. No. 404 of Notification 50/2017-Cus, exemption was held conditional and available only if the importer proves specified-person/sub-contractor status and furnishes prescribed certifications/documents at import, failing which benefit is denied. - AAR
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