Classification of iron and steel castings

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....n doubts have been expressed regarding : (i) Classification of products obtained by castings (ii) The Scope of sub-heading 7307 (prior to 1-3-1988 of the CET). (iii) The validity of Board's Circular 1/87 (F. No. 139/48/86-CX.4, dated 18-2-1987 and the need to amend and modify it. The matter has been examined. Under the old CET (prior to 1-8-1985) there was two stage levy as castings un....

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....een held by Gujarat High Court in the case of Ms. Echjay Industries. In view of this Board decided that no amendment or alteration is required to Board's F. No. 139/48/86-CX.4, dated 18-2-1987 clarifying the scope of 'castings' under heading 7307 as covering all castings of iron & steel which have not been subjected to any other process except (a) removal of runners and risers (b) surface cleaning....

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....section note 1(f), (g), (h) to Section XV, as also HSN explanatory Notes for heading 73.25 at page 1037. Such castings as they emerge from the moulds or after fettling etc. would be appropriately regarded as semi-finished articles having the essential character of the finished machine parts or as a blank for machine parts which by application of Rule 2(a) of the rules of interpretation would be cl....