NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
Creation/Invocation of pledge of securities through depository system: standardized pledge forms, notice requirement and invocation notifications to p...
Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
Proportionate interest, unexplained credits and partner remuneration disputed; proofs of fund nexus and lender identity were decisive and disallowance...
Capital gains valuation from stamp assessment versus net consideration for residential reinvestment: deemed stamp value replaced for gains but not for...
Parts of an inverter intended for use with an electric vehicle eAxle were held classifiable under Chapter 85 rather than Heading 8708, because electrical machinery is excluded from "parts and accessories" of motor vehicles by Note 2(f) to Section XVII, and classification must follow the sequential scheme of Note 2, applying Note 2(a) where a part is covered by a Chapter 84/85 heading without resort to Note 2(b)/(c). Accordingly, specified inverter components identifiable as inverter parts were classified under CTI 85049090. A request to keep the ruling confidential was rejected as no technical or commercially sensitive information was shown to warrant protection under Regulation 27. - AAR
Parts of an inverter intended for use with an electric vehicle eAxle were held classifiable under Chapter 85 rather than Heading 8708, because electrical machinery is excluded from "parts and accessories" of motor vehicles by Note 2(f) to Section XVII, and classification must follow the sequential scheme of Note 2, applying Note 2(a) where a part is covered by a Chapter 84/85 heading without resort to Note 2(b)/(c). Accordingly, specified inverter components identifiable as inverter parts were classified under CTI 85049090. A request to keep the ruling confidential was rejected as no technical or commercially sensitive information was shown to warrant protection under Regulation 27. - AAR
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