TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Supreme Court: Galvanization Adds Value to Steel Pipes, Duty Based on Final Value, Not Manufacturing Stage.</h1> The Supreme Court upheld a tribunal decision involving a manufacturer of mild steel pipes and tubes, who contended that galvanization did not constitute a manufacturing process and should not affect the assessable value of black pipes. The court ruled that even if galvanization is not considered manufacturing, it adds intrinsic value to the product, necessitating duty based on the final commercial value. The decision affirms the right to levy duty on goods' value as cleared from the factory, not just at the manufacturing stage, and instructs that this ruling be circulated to lower field formations.
TaxTMI 
TaxTMI 
