Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
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Imported automatic soap dispensers were held classifiable under CTI 8424 89 90 as mechanical appliances for dispersing liquids. The Tribunal applied the distinction between dispersing and spraying, finding that the product senses the hand, mixes air with liquid soap, and dispenses foam through an outlet, but does not spray liquid. Because Chapter Heading 9616 covers sprays, including toiletry sprays, and its HSN notes exclude dispersing or spraying appliances covered by Chapter 8424, classification under CTI 9616 10 20 was rejected. The departmental classification was held erroneous and the contrary appellate order was set aside.
Imported automatic soap dispensers were held classifiable under CTI 8424 89 90 as mechanical appliances for dispersing liquids. The Tribunal applied the distinction between dispersing and spraying, finding that the product senses the hand, mixes air with liquid soap, and dispenses foam through an outlet, but does not spray liquid. Because Chapter Heading 9616 covers sprays, including toiletry sprays, and its HSN notes exclude dispersing or spraying appliances covered by Chapter 8424, classification under CTI 9616 10 20 was rejected. The departmental classification was held erroneous and the contrary appellate order was set aside.
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