Deductibility of settlement payments for securities law penalties and treatment of unexplained cash credits in share trading -- Tribunal upholds posit...
Threshold for allottee-initiated insolvency petitions in leasehold real estate upheld; petition admitted after possession letters deemed legally ineff...
Contravention of foreign exchange rules in crossborder diamond payments; appellate tribunal reduces one appellant's penalty for delay and proportional...
RPA (Remote Pilot Aircraft) for military use defined to include drones/UAV/UAS; exemptions limited to specified defence imports with Joint Secretary c...
An indicator panel/display module incorporating an LCD screen, decoder IC and processor IC, designed for fuel dispensing pumps, was examined for classification under CTH 8524 (flat panel display modules) or as a part of a fuel pump under CTH 8413. The module was held to perform data conversion and video signal processing, giving it a character beyond a mere display module contemplated by Chapter Note 7, and thus excluding it from CTH 8524. As the goods are solely/principally used with fuel dispensing pumps, Note 2(b) to Section XVI required classification with the parent machine; accordingly, it was classified as parts under CTI 84139190. - AAR
An indicator panel/display module incorporating an LCD screen, decoder IC and processor IC, designed for fuel dispensing pumps, was examined for classification under CTH 8524 (flat panel display modules) or as a part of a fuel pump under CTH 8413. The module was held to perform data conversion and video signal processing, giving it a character beyond a mere display module contemplated by Chapter Note 7, and thus excluding it from CTH 8524. As the goods are solely/principally used with fuel dispensing pumps, Note 2(b) to Section XVI required classification with the parent machine; accordingly, it was classified as parts under CTI 84139190. - AAR
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
