https://www.taxtmi.com/caselaws?id=110101 Items used with drilling rigs are not automatically includable in rig valuation or classifiable as rig parts. Under the tariff scheme, drilling machines fell under Heading 84.30 and parts suitable for use solely or principally with them under Heading 84.31, but drill bits, drill pipes, drill rods and similar tools were treated as complete goods in themselves rather than constituent parts of the rig. Only items expressly identified as rig components, or shown to be incorporated into the rig, could form part of the assessable value. The blanket inclusion of all disputed items was not sustained; valuation required item-wise determination on whether each item was a true component or a separate spare or tool. en-us Mon, 17 Nov 2003 00:00:00 +0530 Thu, 19 Jun 2025 18:09:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110101 Items used with drilling rigs are not automatically includable in rig valuation or classifiable as rig parts. Under the tariff scheme, drilling machines fell under Heading 84.30 and parts suitable for use solely or principally with them under Heading 84.31, but drill bits, drill pipes, drill rods and similar tools were treated as complete goods in themselves rather than constituent parts of the rig. Only items expressly identified as rig components, or shown to be incorporated into the rig, could form part of the assessable value. The blanket inclusion of all disputed items was not sustained; valuation required item-wise determination on whether each item was a true component or a separate spare or tool. Case-Laws Customs Mon, 17 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110101