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>New Guidelines for Classifying Iron & Steel Castings Under Central Excise: Chapters 73, 84-87 Explained.</h1> The circular from the Ministry of Finance addresses the classification of iron and steel castings under Central Excise. It clarifies that castings emerging from moulds up to the stage of proof machining, requiring further machining, should be classified under Chapter 73. Conversely, precision castings ready for use as machine parts are to be classified under Chapters 84, 85, 86, or 87. These guidelines also apply to forgings that have not undergone further processing after fettling. The circular supersedes a previous circular from 1989, and all pending assessments should be finalized based on these instructions.
TaxTMI 
TaxTMI 
