https://www.taxtmi.com/caselaws?id=290626 Ceramic magnets imported in unmagnetized condition were treated as component parts of loudspeakers because their special shape, size and quality made them suitable for that use. The post-importation cleaning, demagnetisation and magnetisation steps did not change the essential character of the goods and were not shown to be manufacturing processes; their cost was also insignificant compared with landed cost. The Tribunal therefore held that the goods remained classifiable under Item 73(11) of the Indian Customs Tariff and not under the residuary Item 87, so the claim for reassessment and refund failed. en-us Fri, 23 Dec 1983 00:00:00 +0530 Wed, 07 Oct 2020 16:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290626 Ceramic magnets imported in unmagnetized condition were treated as component parts of loudspeakers because their special shape, size and quality made them suitable for that use. The post-importation cleaning, demagnetisation and magnetisation steps did not change the essential character of the goods and were not shown to be manufacturing processes; their cost was also insignificant compared with landed cost. The Tribunal therefore held that the goods remained classifiable under Item 73(11) of the Indian Customs Tariff and not under the residuary Item 87, so the claim for reassessment and refund failed. Case-Laws Customs Fri, 23 Dec 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290626