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...
Straight-line lease rental accounting change results in penalty quashed where disclosed accounts and bona fide arguable accounting interpretation exis...
Classification dispute over imported digital video recorders resolved by applying the suitability-for-use test: devices engineered and interfacing with Hawk aircraft avionics, incapable of standalone commercial operation, were held to be solely or principally for aircraft use. Applying the principle that parts suitable solely or principally for Chapters 86-88 are treated as parts of those Chapters despite general exclusions, the Tribunal concluded the DVRs fall within parts-of-aircraft classification rather than video recording apparatus. Outcome: impugned classification under video apparatus overturned and DVRs classed as aircraft parts, appeal allowed.
Classification dispute over imported digital video recorders resolved by applying the suitability-for-use test: devices engineered and interfacing with Hawk aircraft avionics, incapable of standalone commercial operation, were held to be solely or principally for aircraft use. Applying the principle that parts suitable solely or principally for Chapters 86-88 are treated as parts of those Chapters despite general exclusions, the Tribunal concluded the DVRs fall within parts-of-aircraft classification rather than video recording apparatus. Outcome: impugned classification under video apparatus overturned and DVRs classed as aircraft parts, appeal allowed.
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