https://www.taxtmi.com/caselaws?id=44617 The Supreme Court affirmed the High Court's decision that Tungsten wire should be classified under Item 70(1) instead of Item 73(23) of the Indian Customs Tariff. The Court held that Tungsten wire did not qualify as 'electrical resistance wires' under Item 73(23) due to its low resistivity, supported by technical certificates. The issue of refund based on changes in the law was left open for evaluation in accordance with the Customs Act amendments. The judgment underscores the significance of precise classification and statutory compliance in customs duty matters. en-us Tue, 07 Mar 1995 00:00:00 +0530 Fri, 11 Jul 2014 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44617 The Supreme Court affirmed the High Court's decision that Tungsten wire should be classified under Item 70(1) instead of Item 73(23) of the Indian Customs Tariff. The Court held that Tungsten wire did not qualify as 'electrical resistance wires' under Item 73(23) due to its low resistivity, supported by technical certificates. The issue of refund based on changes in the law was left open for evaluation in accordance with the Customs Act amendments. The judgment underscores the significance of precise classification and statutory compliance in customs duty matters. Case-Laws Customs Tue, 07 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44617