https://www.taxtmi.com/caselaws?id=89087 An automatic rotary transfer machine performing integrated machining operations on brass slugs was held classifiable under Heading 8457 as a multi-station transfer machine, not under residuary Heading 8479. Because the exemption notification applied only to goods falling under Heading 8479, the concession was unavailable. The prior assessment classification did not operate as estoppel or res judicata in later tax periods, as incorrect classification in one assessment does not prevent correction in subsequent assessments. The classification adopted by the lower authorities was therefore upheld and the exemption claim failed. en-us Tue, 16 Jun 1998 00:00:00 +0530 Fri, 23 Sep 2011 12:52:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89087 An automatic rotary transfer machine performing integrated machining operations on brass slugs was held classifiable under Heading 8457 as a multi-station transfer machine, not under residuary Heading 8479. Because the exemption notification applied only to goods falling under Heading 8479, the concession was unavailable. The prior assessment classification did not operate as estoppel or res judicata in later tax periods, as incorrect classification in one assessment does not prevent correction in subsequent assessments. The classification adopted by the lower authorities was therefore upheld and the exemption claim failed. Case-Laws Customs Tue, 16 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89087