Restricted silver imports may clear under a valid import authorisation without additional status or exchange-routing requirements unless expressly imp...
Head Office cost allocation requires prescribed transfer-pricing methods; treaty ceilings bar surcharge and cess, while duplicate taxation is excluded...
Cost-to-cost reimbursement of seconded employees is not service consideration; transfer-pricing markup was deleted and amalgamation amortisation allow...
Crystallisation of liability supports prior-period expense deduction, while functionally distinct divisions require separate transfer-pricing benchmar...
IGST exemption for aircraft parts re-imported after overseas repairs remains available under the re-import exemption framework. The later insertion of the words "tax and cess" and Explanation (d), used to support an IGST levy, was treated as ultra vires following its invalidation by the High Court. The associated circular cannot independently sustain IGST on repaired parts re-imported from abroad. Customs-duty exemption provisions therefore do not authorise IGST on eligible re-imported aircraft parts.
IGST exemption for aircraft parts re-imported after overseas repairs remains available under the re-import exemption framework. The later insertion of the words "tax and cess" and Explanation (d), used to support an IGST levy, was treated as ultra vires following its invalidation by the High Court. The associated circular cannot independently sustain IGST on repaired parts re-imported from abroad. Customs-duty exemption provisions therefore do not authorise IGST on eligible re-imported aircraft parts.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4905 
