Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
CESTAT addressed classification and valuation of imported controllers, applying the principal use rule, Notes to Section XVII and explanatory notes to conclude the controllers constitute electrical machinery classifiable under Chapter 85 rather than motor vehicle parts under Chapter 87; consequence: classification under Chapter 85 was upheld and the declared transaction value and assessable value treatment accepted. Note 2(f) to Section XVII excluding electrical machinery from Chapter 87 was determinative. The Tribunal followed earlier final orders in the appellants cases as precedent, resulting in dismissal of the revenue appeals.
CESTAT addressed classification and valuation of imported controllers, applying the principal use rule, Notes to Section XVII and explanatory notes to conclude the controllers constitute electrical machinery classifiable under Chapter 85 rather than motor vehicle parts under Chapter 87; consequence: classification under Chapter 85 was upheld and the declared transaction value and assessable value treatment accepted. Note 2(f) to Section XVII excluding electrical machinery from Chapter 87 was determinative. The Tribunal followed earlier final orders in the appellants cases as precedent, resulting in dismissal of the revenue appeals.
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