Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
Page of 4811
Press 'Enter' after typing page number.
6881 to 6900 of 96208 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Dispute concerns classification of imported salvaged/broken...
Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classification.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Dispute concerns classification of imported salvaged/broken shaft pieces and whether re-classification and recovery of differential duty was time-barred and justified by alleged suppression. The commercial invoice and SAFTA certificate declared the goods as parts of ship under CTH 7326 9090, and the goods, after salvage, lost original identity and assumed character of iron and steel ship parts, meriting classification under that heading; consequently the proposed change lacked sustainable reasons. There was no evidence of concealment warranting extended limitation; matter was revenue neutral. The impugned reassessment was set aside and the appeal allowed.
Dispute concerns classification of imported salvaged/broken shaft pieces and whether re-classification and recovery of differential duty was time-barred and justified by alleged suppression. The commercial invoice and SAFTA certificate declared the goods as parts of ship under CTH 7326 9090, and the goods, after salvage, lost original identity and assumed character of iron and steel ship parts, meriting classification under that heading; consequently the proposed change lacked sustainable reasons. There was no evidence of concealment warranting extended limitation; matter was revenue neutral. The impugned reassessment was set aside and the appeal allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4811 
Join Channel 
