Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
Ultrasonic gas flow meters were classifiable either as flow-measuring instruments under Heading 9026 or as automatic regulating/controlling instruments under Heading 9032. The authority held that the goods, being standalone ultrasonic flow meters that only measure (and may transmit) flow data without any regulating or controlling function or interface to perform automatic control, are specifically covered by Heading 9026 under GIR 1 and the relevant Explanatory Notes; by virtue of Chapter 90 Note 2(a), they remain classifiable under Heading 9026 even if used as components in systems falling under Heading 9032. Consequently, in the absence of a specific eight-digit subheading for gas flow meters, classification was determined under CTI 9026 80 90. - AAR
Ultrasonic gas flow meters were classifiable either as flow-measuring instruments under Heading 9026 or as automatic regulating/controlling instruments under Heading 9032. The authority held that the goods, being standalone ultrasonic flow meters that only measure (and may transmit) flow data without any regulating or controlling function or interface to perform automatic control, are specifically covered by Heading 9026 under GIR 1 and the relevant Explanatory Notes; by virtue of Chapter 90 Note 2(a), they remain classifiable under Heading 9026 even if used as components in systems falling under Heading 9032. Consequently, in the absence of a specific eight-digit subheading for gas flow meters, classification was determined under CTI 9026 80 90. - AAR
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
