https://www.taxtmi.com/caselaws?id=445321 Wire nails are classifiable as fasteners under Entry 79 Part II of Schedule II of the VAT Act because classification must first be tested against the specific entry, commercial meaning governs, and the residuary entry can be used only as a last resort. On the ordinary trade understanding, fasteners are devices used to attach or secure objects, and wire nails perform that fastening function alongside the items named in the entry. The Revenue did not establish any cogent basis to exclude wire nails from the specific entry, so they do not fall under the residuary entry. en-us Mon, 16 Oct 2023 00:00:00 +0530 Mon, 15 Dec 2025 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445321 Wire nails are classifiable as fasteners under Entry 79 Part II of Schedule II of the VAT Act because classification must first be tested against the specific entry, commercial meaning governs, and the residuary entry can be used only as a last resort. On the ordinary trade understanding, fasteners are devices used to attach or secure objects, and wire nails perform that fastening function alongside the items named in the entry. The Revenue did not establish any cogent basis to exclude wire nails from the specific entry, so they do not fall under the residuary entry. Case-Laws VAT / Sales Tax Mon, 16 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445321