Endorsing of bill of lading is only one of the ways for transfering title o...
Note – Endorsement of Bill of lading is not the only way of transfer of title and it can also be done by handing over the Bill of Lading to […]
Note – Endorsement of Bill of lading is not the only way of transfer of title and it can also be done by handing over the Bill of Lading to […]
The 48th GST Council met under the Chairmanship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman via virtual mode in New Delhi today. The meeting was also […]
Note – The provisions of composite supply in the CGST Act (and the IGST Act) play a specific role in the levy of GST. The idea of introducing ‘composite supply’ […]
Note – The supplier abroad (party number 1) sold the goods in question i.e. timber, to the first buyer (party number 2) and delivered them at the port of shipment. […]
Note – The original contract of purchase by appellant from M/s MCNLLC, USA was made at 17 December, 2007 and the said consignment was sold on high sea sale basis […]
Note – The appellant imports lighting control systems (products) from their parent company, “related party”, M/s Lutron Electronics Co., Inc. USA (Lutron US for short). Some products are imported both […]
Note – While there was scope for addition of notional charges in the assessable value under the unamended section 14 of the Customs Act, but after the actual sale price […]
Note – The status of any foreign going vessel does not change for the reason that it has had one or two incursions or engagements in the territorial waters of […]
Note – No tax is leviable under the Integrated Goods and Services Tax Act, 2007, on the ocean freight for the services provided by a person located in a non-taxable […]
Note – The importer’s conclusion as to imported goods being “coking coal” is based on the Invoices, bills of Lading, the certificate of origin and the Analysis certificate done as […]