Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
Exports of frozen shrimp packaged in printed inner containers that fix quantity fall within the Legal Metrology Act definition of "pre-packaged and labelled" commodities; therefore such supplies in containers up to 25 kg are subject to GST and are not exempt or nil-rated. The notification linking Legal Metrology compliance to GST liability applies irrespective of whether outer cartons are printed, and the AAR concluded that these pre-packaged shipments attract GST at 5% for the specified shrimp items when pre-packed and labelled as mandated.
Exports of frozen shrimp packaged in printed inner containers that fix quantity fall within the Legal Metrology Act definition of "pre-packaged and labelled" commodities; therefore such supplies in containers up to 25 kg are subject to GST and are not exempt or nil-rated. The notification linking Legal Metrology compliance to GST liability applies irrespective of whether outer cartons are printed, and the AAR concluded that these pre-packaged shipments attract GST at 5% for the specified shrimp items when pre-packed and labelled as mandated.
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