https://www.taxtmi.com/caselaws?id=331062 Worn out Silver Targets used in the manufacture of recordable compact discs were treated as silver, not waste and scrap, because they retained their purity and essential character despite losing their original form. The Tribunal applied the principle that material remains outside scrap classification where it can still be re-melted or re-used and has not lost intrinsic value. On that basis, the goods fell under Chapter Sub-heading 7101.31 rather than 7101.80, and the duty and penalty were set aside with consequential relief. en-us Fri, 10 Jun 2016 00:00:00 +0530 Thu, 05 Jan 2017 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331062 Worn out Silver Targets used in the manufacture of recordable compact discs were treated as silver, not waste and scrap, because they retained their purity and essential character despite losing their original form. The Tribunal applied the principle that material remains outside scrap classification where it can still be re-melted or re-used and has not lost intrinsic value. On that basis, the goods fell under Chapter Sub-heading 7101.31 rather than 7101.80, and the duty and penalty were set aside with consequential relief. Case-Laws Central Excise Fri, 10 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331062