https://www.taxtmi.com/caselaws?id=94186 Hand tools such as screw drivers, bit tweezers, pliers and wire strippers were treated as precision instruments for professional and industrial use in assembling television sets, not ordinary household items for domestic consumption. On that basis, they were classified as capital goods rather than consumer goods requiring an import licence. The Revenue's reliance on a later classification was rejected because it was not in force at the time of import. The importers' industrial use and the nature of the goods supported the conclusion that the items fell outside consumer goods, and the Revenue's appeal failed. en-us Fri, 28 Aug 1998 00:00:00 +0530 Sat, 19 Nov 2011 16:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94186 Hand tools such as screw drivers, bit tweezers, pliers and wire strippers were treated as precision instruments for professional and industrial use in assembling television sets, not ordinary household items for domestic consumption. On that basis, they were classified as capital goods rather than consumer goods requiring an import licence. The Revenue's reliance on a later classification was rejected because it was not in force at the time of import. The importers' industrial use and the nature of the goods supported the conclusion that the items fell outside consumer goods, and the Revenue's appeal failed. Case-Laws Customs Fri, 28 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94186