Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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The document clarifies tariff classification of imported Window Glass, determining it is designed solely or principally for use in display assemblies and thus falls within Note 2(b) to Section XVI, resulting in classification under tariff heading 8529. The authority further explains that even if the product arguably qualified as safety glass, application of Rule 3(c) of the General Rules for the Interpretation resolves any tie in favour of the later numerical heading, confirming classification under the residuary entry 8529 90 90 as parts suitable for use with apparatus of headings 85248528.
The document clarifies tariff classification of imported Window Glass, determining it is designed solely or principally for use in display assemblies and thus falls within Note 2(b) to Section XVI, resulting in classification under tariff heading 8529. The authority further explains that even if the product arguably qualified as safety glass, application of Rule 3(c) of the General Rules for the Interpretation resolves any tie in favour of the later numerical heading, confirming classification under the residuary entry 8529 90 90 as parts suitable for use with apparatus of headings 85248528.
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