Transfer-pricing aggregation of distinct support-service and subcontract transactions was rejected, while debt-free receivables attracted no notional ...
Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
Status Holder Incentive Scrip customs-duty exemption extends to thermic fluids treated as capital goods where they are initially charged into a manufacturing plant and directly support its operation. The definition of capital goods under the Foreign Trade Policy and the exemption notification covers plant, machinery, equipment and accessories required directly or indirectly for manufacture, including specified goods for initial charge. Thermic fluids supplying high-temperature heat at low pressure for continuous polycondensation form part of the plant because they are essential to polyester manufacture. Classification as chemicals or treatment as inputs under SION does not displace their functional character as capital goods.
Status Holder Incentive Scrip customs-duty exemption extends to thermic fluids treated as capital goods where they are initially charged into a manufacturing plant and directly support its operation. The definition of capital goods under the Foreign Trade Policy and the exemption notification covers plant, machinery, equipment and accessories required directly or indirectly for manufacture, including specified goods for initial charge. Thermic fluids supplying high-temperature heat at low pressure for continuous polycondensation form part of the plant because they are essential to polyester manufacture. Classification as chemicals or treatment as inputs under SION does not displace their functional character as capital goods.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
