Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
Reassessment against a deceased assessee: procedural defect mandates fresh reassessment; nonresponsive petitioner may be treated as legal representati...
Gas compressors manufactured solely for use in motor-vehicle air-conditioning units were classified under Heading 8708 as parts and accessories of motor vehicles, not under Heading 8414, because goods meant only for vehicles in Chapter 87 are treated as vehicle parts and the more specific vehicle-heading prevailed. The classification under Heading 8708 was upheld. However, wilful suppression or fraud was not established where the taxpayer had consistently adopted the earlier accepted classification on a bona fide basis, so invocation of Section 74 and the associated penalty were set aside. The matter was remanded only for requantification of tax and fresh determination under Section 73.
Gas compressors manufactured solely for use in motor-vehicle air-conditioning units were classified under Heading 8708 as parts and accessories of motor vehicles, not under Heading 8414, because goods meant only for vehicles in Chapter 87 are treated as vehicle parts and the more specific vehicle-heading prevailed. The classification under Heading 8708 was upheld. However, wilful suppression or fraud was not established where the taxpayer had consistently adopted the earlier accepted classification on a bona fide basis, so invocation of Section 74 and the associated penalty were set aside. The matter was remanded only for requantification of tax and fresh determination under Section 73.
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