https://www.taxtmi.com/caselaws?id=85782 Drill blanks made from imported high speed steel, though ground, sharpened and grooved, were held not to be finished tools because they still required further processing before direct use as hand tools or machine tools. The Tribunal treated them as distinct goods that had not acquired the shape or character of finished drills, and rejected the view that they could be classified as twisted drills on that basis. Following earlier decisions on tool blanks, it held that goods intended for eventual conversion into tools do not fall under the tariff entry for finished tools merely because of that intended use. The blanks were classifiable under Item 68, not Item 51A(iii), and the appeal was allowed. en-us Wed, 11 Sep 1996 00:00:00 +0530 Mon, 08 Aug 2011 11:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85782 Drill blanks made from imported high speed steel, though ground, sharpened and grooved, were held not to be finished tools because they still required further processing before direct use as hand tools or machine tools. The Tribunal treated them as distinct goods that had not acquired the shape or character of finished drills, and rejected the view that they could be classified as twisted drills on that basis. Following earlier decisions on tool blanks, it held that goods intended for eventual conversion into tools do not fall under the tariff entry for finished tools merely because of that intended use. The blanks were classifiable under Item 68, not Item 51A(iii), and the appeal was allowed. Case-Laws Central Excise Wed, 11 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85782