https://www.taxtmi.com/caselaws?id=83810 Tool holders designed to be fitted into machine tools and to perform a tool function do not lose their character as tools merely because they are used with replaceable tips or as parts of an assembly. Applying that principle and relying on precedent concerning blanking dies and blanking punches, the Tribunal found the goods answered the description of tools and that lack of an independent function was not decisive. The residual entry was therefore inapplicable, and the tool holders were classified under Tariff Item 51A(iii) rather than Tariff Item 68. en-us Wed, 21 Dec 1994 00:00:00 +0530 Mon, 18 Jul 2011 11:16:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83810 Tool holders designed to be fitted into machine tools and to perform a tool function do not lose their character as tools merely because they are used with replaceable tips or as parts of an assembly. Applying that principle and relying on precedent concerning blanking dies and blanking punches, the Tribunal found the goods answered the description of tools and that lack of an independent function was not decisive. The residual entry was therefore inapplicable, and the tool holders were classified under Tariff Item 51A(iii) rather than Tariff Item 68. Case-Laws Central Excise Wed, 21 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83810