https://www.taxtmi.com/caselaws?id=74879 The Tribunal upheld the classification of nuts and screws under Item 52 of the Central Excise Tariff, rejecting the firm's argument that they should be classified under Item 68 as parts of a radiogram. The Tribunal emphasized that the assessment should be based on the nature of the product and its classification under the tariff, rather than market recognition or usage. It concluded that the nuts and screws, even when used in radiograms, should be assessed as nuts and bolts under Item 52, affirming the Assistant Collector's assessment. en-us Wed, 25 May 1988 00:00:00 +0530 Mon, 13 Jun 2011 11:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74879 The Tribunal upheld the classification of nuts and screws under Item 52 of the Central Excise Tariff, rejecting the firm's argument that they should be classified under Item 68 as parts of a radiogram. The Tribunal emphasized that the assessment should be based on the nature of the product and its classification under the tariff, rather than market recognition or usage. It concluded that the nuts and screws, even when used in radiograms, should be assessed as nuts and bolts under Item 52, affirming the Assistant Collector's assessment. Case-Laws Central Excise Wed, 25 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74879