https://www.taxtmi.com/caselaws?id=754245 CESTAT Kolkata ruled in favor of appellant regarding classification of imported ball pen tip blanks made of NM6 alloy. The dispute concerned whether goods qualified for IGST at 12% under Sl. No. 232 of Notification 01/2017 or 18% under Sl. No. 453. CESTAT held that since the goods are suitable for use solely with ball point pens, they should be classified with ball point pens and eligible for 12% IGST rate. The tribunal relied on CBIC Circular 113/32/2019-GST supporting classification of parts with their principal use items rather than under residuary entries. IGST demand, fine and penalty were set aside. Appeal allowed. en-us Tue, 12 Mar 2024 00:00:00 +0530 Thu, 20 Jun 2024 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754245 CESTAT Kolkata ruled in favor of appellant regarding classification of imported ball pen tip blanks made of NM6 alloy. The dispute concerned whether goods qualified for IGST at 12% under Sl. No. 232 of Notification 01/2017 or 18% under Sl. No. 453. CESTAT held that since the goods are suitable for use solely with ball point pens, they should be classified with ball point pens and eligible for 12% IGST rate. The tribunal relied on CBIC Circular 113/32/2019-GST supporting classification of parts with their principal use items rather than under residuary entries. IGST demand, fine and penalty were set aside. Appeal allowed. Case-Laws Customs Tue, 12 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754245