Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Classification of computer monitors hinged on their principal description and intended use; the tribunal accepted that monitors designed for computer use are distinguishable from TV/video monitors, affecting tariff treatment, and noted guidance from the Board on residuary entries. The tribunal held that where an importer discharged IGST at 18% by self-assessment, customs could not unilaterally revise that to 28% on reassessment, relying on prior precedent, and therefore set aside orders sustaining 28% IGST. The matter is remitted to the proper officer under section 17(5) of the Customs Act for fresh determination of consequential duty liability.
Classification of computer monitors hinged on their principal description and intended use; the tribunal accepted that monitors designed for computer use are distinguishable from TV/video monitors, affecting tariff treatment, and noted guidance from the Board on residuary entries. The tribunal held that where an importer discharged IGST at 18% by self-assessment, customs could not unilaterally revise that to 28% on reassessment, relying on prior precedent, and therefore set aside orders sustaining 28% IGST. The matter is remitted to the proper officer under section 17(5) of the Customs Act for fresh determination of consequential duty liability.
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