Maintainability of a Section 7 insolvency petition against a financial service provider denied; appeal dismissed for non maintainability and complex d...
Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
SFP and similar transceiver modules were examined for classification under tariff item 8517 62 90 as "machines for the reception, conversion and transmission or regeneration of data" versus 8517 79 90 as "other parts." Relying on the tariff notes that distinguish independent machines from components lacking standalone function, it was held that the modules cannot transmit/receive or regenerate data independently, operate only when fitted in host networking equipment, and lack independent control logic, software, or power source; hence they are not classifiable under 8517 62 90 and are classifiable as parts under 8517 79 90. Since Serial No. 5 of Notification No. 57/2017-Cus grants nil BCD to goods under 8517 79 90 and the exclusions were inapplicable, nil BCD was allowed. - AAR
SFP and similar transceiver modules were examined for classification under tariff item 8517 62 90 as "machines for the reception, conversion and transmission or regeneration of data" versus 8517 79 90 as "other parts." Relying on the tariff notes that distinguish independent machines from components lacking standalone function, it was held that the modules cannot transmit/receive or regenerate data independently, operate only when fitted in host networking equipment, and lack independent control logic, software, or power source; hence they are not classifiable under 8517 62 90 and are classifiable as parts under 8517 79 90. Since Serial No. 5 of Notification No. 57/2017-Cus grants nil BCD to goods under 8517 79 90 and the exclusions were inapplicable, nil BCD was allowed. - AAR
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