https://www.taxtmi.com/caselaws?id=88848 Goods made of cast iron with no steel component cannot be treated as steel furniture under Tariff Item 40 and would fall outside that entry if no other classification applies, subject to factual verification. For small-scale exemption, clearances relatable to Tariff Item 40 and Tariff Item 68 must be worked out separately because the exemption scheme operates differently for each entry. The value of bought-out trading items directly supplied to buyers is not includible in assessable value for exemption computation where those items are not essential ingredients of the manufactured goods. The order was set aside and the matter remanded for fresh consideration on classification, segregation of clearances, and exclusion of trading turnover. en-us Mon, 04 May 1998 00:00:00 +0530 Wed, 21 Sep 2011 17:16:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88848 Goods made of cast iron with no steel component cannot be treated as steel furniture under Tariff Item 40 and would fall outside that entry if no other classification applies, subject to factual verification. For small-scale exemption, clearances relatable to Tariff Item 40 and Tariff Item 68 must be worked out separately because the exemption scheme operates differently for each entry. The value of bought-out trading items directly supplied to buyers is not includible in assessable value for exemption computation where those items are not essential ingredients of the manufactured goods. The order was set aside and the matter remanded for fresh consideration on classification, segregation of clearances, and exclusion of trading turnover. Case-Laws Central Excise Mon, 04 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88848