Silver Powder Classification Revised Under Central Excise Tariff: Now Classified as 'Silver' Not 'Articles of Silver'.
The circular addresses the classification of silver powder and silver alloy powder under the Central Excise Tariff. It clarifies that silver in powder form should not be classified as 'articles of silver' under sub-heading 7101.70 but rather as 'silver' under sub-heading 7101.31. This decision aligns with the Harmonized System of Nomenclature (HSN), where silver powder falls under Heading 71.06 and sub-heading 7106.10. The Chief Chemist concurs, noting that the term 'silver' in sub-heading 7101.31 encompasses silver powder and its alloys. The Board supports this classification, and relevant trade parties are to be informed.
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