https://www.taxtmi.com/caselaws?id=72508 Imported retaining ring forgings were not classifiable as component parts of compressors under Heading 84.11(1) read with Rule 2(a) because they had not yet acquired the essential character of the finished component at importation. Substantial post-importation operations, including machining, drilling, grooving and surface finishing, showed that significant further processing was still required before the goods became usable parts. The earlier 5% post-importation processing criterion was held inapplicable under the Customs Tariff Act, 1975, and the goods were correctly assessable under Heading 73.33/40. en-us Wed, 21 May 1986 00:00:00 +0530 Fri, 20 May 2011 10:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=72508 Imported retaining ring forgings were not classifiable as component parts of compressors under Heading 84.11(1) read with Rule 2(a) because they had not yet acquired the essential character of the finished component at importation. Substantial post-importation operations, including machining, drilling, grooving and surface finishing, showed that significant further processing was still required before the goods became usable parts. The earlier 5% post-importation processing criterion was held inapplicable under the Customs Tariff Act, 1975, and the goods were correctly assessable under Heading 73.33/40. Case-Laws Customs Wed, 21 May 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=72508