Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

Central Excise - Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal

Central Excise - Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal - Central Excise - SECTION XV BASE METALSANDARTICLES OF BASE METAL (CHAPTER 72 to CHAPTER 83) NOTES: 1. This Section does not cover : (a) prepared paints, inks or other products with a basis of metallic flakes or powder (headings 3207 to 3210, 3212, 3213 or 3215); (b) ferro-cerium or other pyrophoric alloys (heading 3606); (c) headgear or parts thereof of heading 6506 or 6507; (d) umbr .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

heading 9306) or other articles of Sec- tion XIX (arms and ammunition); (k) articles of Chapter 94 (for example, furniture, mattress supports, lamps and lighting fittings, illuminated signs, prefabricated buildings); (l) articles of Chapter 95 (for example, toys, games, sports requisites); or (m) hand sieves, buttons, pens, pencil-holders, pen nibs or other articles of Chapter 96 (miscellaneous manufactured articles). 2. Throughout this Schedule, the expression parts of general use means : .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

raph and to Note 1 to Chapter 83, the articles of Chapter 82 or 83 are excluded from Chapters 72 to 76 and 78 to 81. 3. Throughout this Schedule, the expression base metals means : Iron and steel, copper, nickel, aluminium, lead, zinc, tin, tungsten (wolfram), molybde-num, tantalum, magnesium, cobalt, bismuth, cadmium, titanium, zirconium, antimony, manganese, beryllium, chromium, germanium, vanadium, gallium, hafnium, indium, niobium (columbium), rhenium and thallium. 4. Throughout this Schedul .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

posed of base metals of this Section and of elements not falling within this Section is to be treated as an alloy of base metals of this Section if the total weight of such metals equals or exceeds the total weight of the other elements present; (c) in this Section, the term alloys includes sintered mixtures of metal powders, heterogeneous intimate mixtures obtained by melting (other than cermets) and intermetallic compounds. 6. Unless the context otherwise requires, any reference in this Schedu .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s purpose: (a) iron and steel, or different kinds of iron or steel, are regarded as one and the same metal; (b) an alloy is regarded as being entirely composed of that metal as an alloy of which, by virtue of Note 5, it is classified; and (c) a cermet of heading 8113 is regarded as a single base metal. 8. In this Section, the following expressions have the meanings hereby assigned to them : (a) waste and scrap: metal waste and scrap from the manufacture or mechanical working of metals, and .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

or any other similar article, into wire shall amount to manufacture . - NOTES: 1. Apart from blow lamps, portable forges, grinding wheels with frameworks, manicure or pedicure sets, and goods of heading 8209, this Chapter covers only articles with a blade, working edge, working surface or other working part of: (a) base metal; (b) metal carbides or cermets; (c) precious or semi-precious stones (natural, synthetic or reconstructed) on a support of base metal, metal carbide or cermet; or (d) abras .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

Section XV are in all cases excluded from this Chapter. Heads, blades and cutting plates for electric shavers or electric hair clippers are to be classified in heading 8510. 3. Sets consisting of one or more knives of heading 8211 and at least an equal number of articles of heading 8215 are to be classified in heading 8215. - 8201 - 8201 - HAND TOOLS, THE FOLLOWING: SPADES, SHOVELS, MATTOCKS, PICKS, HOES, FORKS AND RAKES; AXES, BILL HOOKS AND SIMILAR HEWING TOOLS; SECATEURS AND PRUN .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ning shears and similar two-handed shears - kg. - 8201 90 00 - 82019000 - Other hand tools of a kind used in agriculture, horticulture or forestry - kg. - 8202 - 8202 - HAND SAWS; BLADES FOR SAWS OF ALL KINDS (INCLUDING SLITTING, SLOTTING OR TOOTHLESS SAW BLADES) - 8202 10 - 820210 - Hand saws: - 8202 10 10 - 82021010 - Metal working hand saws - kg. - 8202 10 20 - 82021020 - Wood working and similar hand saws - kg. - 8202 10 90 - 82021090 - Other - kg. - 8202 20 00 - 82022000 - Band saw blades - .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

82029990 - Other - kg. - 8203 - 8203 - FILES, RASPS, PLIERS (INCLUDING CUTTING PLIERS), PINCERS, TWEEZERS, METAL CUTTING SHEARS, PIPE-CUTTERS, BOLT CROPPERS, PERFORATING PUNCHES AND SIMILAR HAND TOOLS - 8203 10 00 - 82031000 - Files, rasps and similar tools - kg. - 8203 20 00 - 82032000 - Pliers (including cutting pliers), pincers, tweezers and similar tools - kg. - 8203 30 00 - 82033000 - Metal cutting shears and similar tools - kg. - 8203 40 - 820340 - Pipe-cutters, bolt croppers, perforating .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

- 8204 12 10 - 82041210 - Spanners - kg. - 8204 12 20 - 82041220 - Wrenches - kg. - 8204 20 00 - 82042000 - Interchangeable spanner sockets, with or without handles - kg. - 8205 - 8205 - HAND TOOLS (INCLUDING GLAZIERS’ DIAMONDS), NOT ELSEWHERE SPECIFIED OR INCLUDED; BLOW LAMPS; VICES, CLAMPS AND THE LIKE, OTHER THAN ACCESSORIES FOR AND PARTS OF, MACHINE TOOLS OR WATER JET CUTTING MACHINES; ANVILS; PORTABLE FORGES; HAND OR PEDAL-OPERATED GRINDING WHEELS WITH FRAMEWORKS - 8205 10 00 - 82051000 - .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

air type) - u - 8205 59 20 - 82055920 - Metal working hand tools - u - 8205 59 30 - 82055930 - Hand tools for specified uses, such as watch making tools, goldsmith tools - u - 8205 59 40 - 82055940 - Forks other than those of heading 8201 and 8215 - u - 8205 59 90 - 82055990 - Other - u - 8205 60 00 - 82056000 - Blow lamps - u. - 8205 70 00 - 82057000 - Vices, clamps and the like - u - 8205 90 - 820590 - Other, including sets of articles of two or more sub-headings of this heading: - 8205 90 10 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s - kg. - 8206 00 90 - 82060090 - Other - kg. - 8207 - 8207 - INTERCHANGEABLE TOOLS FOR HAND TOOLS, WHETHER OR NOT POWER-OPERATED, OR FOR MACHINE-TOOLS (FOR EXAMPLE, FOR PRESSING, STAMPING, PUNCHING, TAPPING, THREADING, DRILLING, BORING, BROACHING, MILLING, TURNING OR SCREW DRIVING), INCLUDING DIES FOR DRAWING OR EXTRUDING METAL, AND ROCK DRILLING OR EARTH BOORING TOOLS - Rock drilling or earth boring tools: - 8207 13 00 - 82071300 - With working part of cermets - kg. - 8207 19 00 - 82071900 - O .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ther - kg. - 8207 70 - 820770 - Tools for milling: - 8207 70 10 - 82077010 - Cutters - kg. - 8207 70 90 - 82077090 - Other - kg. - 8207 80 00 - 82078000 - Tools for turning - kg. - 8207 90 - 820790 - Other interchangeable tools: - 8207 90 10 - 82079010 - For metal working hand tools - kg. - 8207 90 20 - 82079020 - For wood working hand tools - kg. - 8207 90 30 - 82079030 - Lathe tools and tool belts - kg. - 8207 90 90 - 82079090 - Other - kg. - 8208 - 8208 - KNIVES AND CUTTING BLADES, FOR MACHIN .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ves for splitting machine - u - 8208 90 40 - 82089040 - Cutting and clicking dies - u - 8208 90 90 - 82089090 - Other - u - 8209 - 8209 - PLATES, STICKS, TIPS AND THE LIKE FOR TOOLS, UNMOUNTED,OF CERMETS - 8209 00 - 820900 - Plates, sticks, tips and the like for tools, unmounted, of cermets: - 8209 00 10 - 82090010 - Tungsten carbide tips - kg. - 8209 00 90 - 82090090 - Other - kg. - 8210 00 00 - 82100000 - HAND-OPERATED MECHANICAL APPLIANCES, WEIGHING 10 KG. OR LESS, USED IN THE PREPARATION, CO .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

90 - 82119390 - Other - kg. - 8211 94 00 - 82119400 - Blades - kg. - 8211 95 00 - 82119500 - Handles of base metal - kg. - 8212 - 8212 - RAZORS AND RAZOR BLADES (INCLUDING RAZOR BLADE BLANKS IN STRIPS) - 8212 10 - 821210 - Razors: - 8212 10 10 - 82121010 - Twin type shaving - kg. - 8212 10 90 - 82121090 - Other - kg. - 8212 20 - 821220 - Safety razor blades, including razor blade blanks in strips: - Safety razor blades: - 8212 20 11 - 82122011 - Disposable catridge blades - kg. - 8212 20 19 - 8 .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     Latest Happenings     ↓  

Circular: Investment by Foreign Portfolio Investors in Corporate Debt Securities – Review

Notification: Exemptions on supply of services under UTGST Act

Notification: Rates for supply of services under UTGST Act

Notification: Exemptions on supply of services under IGST Act

Notification: Rates for supply of services under IGST Act

Notification: List of Exempted supply of services under the CGST Act

Notification: Rates for supply of services under CGST Act

Highlight: Acceptance of deposits by companies from its members - conditions relaxed in case of Specified IFSC Public company and a private company - Rule 3 amended

Notification: Rate of exchange of conversion of the foreign currency with effect from 8th September, 2017

News: Tax Payers Advised To Confirm Identities Of Income Tax Search Authorities

Notification: Amendment in Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS) Classification of Export and Import Items 2012

Forum: GST Invoice

Notification: The Customs and Central Excise Duties Drawback Rules, 2017

Circular: The Customs and Central Excise Duties Drawback Rules, 2017 and All Industry Rates (AIRs) of Drawback related changes -reg.

News: GST implementation smoother than expected: Jaitley

News: Blockage of Working Capital of Exporters

News: Clarification about Transition Credit

Forum: GST - TRAN1 - filed - Data uploaded with Remarks Processed with Error - Not coming in Electronic credit ledger - need suggession guidance

Forum: 3B mistake

Forum: Input tax credit

Forum: Excise duty credit on finished stock at additional place of business.

Forum: Due date of Filing TRAN-1

Highlight: Diversion of income at source - Joint venture agreement - 97% of the receipt transfer to M/s TRG Industries (P) Ltd. - scope of the agreement - it is diversion by overriding title - not taxable in the hands of assessee - HC

Highlight: Expenditure on eligible projects or schemes u/s 35AC - After 01.04.2017 the legislature desired to withdraw such deduction. - The Union legislature was competent to introduce such amendment - HC

Highlight: Transfer of trading assets at cost price, the profit component also stood transferred to the outgoing Directors, which otherwise belonged to the Company - the fact that AO has made the addition in the hands of the Directors would not make any difference - additions confirmed - HC

Highlight: The interest u/s 234B of the Act cannot go beyond the stage of S.245D(I) before the Settlement Commission - HC

Highlight: Galvanized iron pipe is a different commercial commodity than a iron pipe, therefore the activity of galvanization in our considered opinion amounts to manufacture - Deduction u/s 80-IB allowed - HC

Highlight: Penalty u/s 271C - non deduction of TDS on interest paid to sister concerns in terms of Section 194A - Levy of penalty confirmed - HC

Highlight: Disallowance of interest - reference to section 179 - The legislature has also recognised, that the doctrine of lifting of veil in the matter of tax dues is to be applied to prevent fraud etc. and not where the company has suffered despite its normal bona fide function. - HC

News: RBI Reference Rate for US $

Notification: Amendment in Notification No. S.O. 3118(E), dated the 3rd October, 2016

Highlight: Discount on ESOP to be allowed as business expenditure u/s 37(1), during the years of vesting on the basis of percentage of vesting during such period, subject to upward or downward adjustment at the time of exercise of option.

Notification: Central Government appoints the 20th September, 2017 as the date on which proviso to clause (87) of section 2 of the Companies Act 2013, shall come into force

Notification: Companies (Restriction on number of layers) Rules, 2017

Highlight: Penalty u/s 271(1)(c) - additional income disclosure - surrender of income post survey u/s 133A - he disclosure made by the assessee is voluntary in nature, in the revised return - no penalty

Highlight: Reopening of assessment - notice u/s 148 issued on the directions of JCIT / CIT - a perusal of reasons for initiating reassessment proceedings clearly show that they are against the sprit of provisions u/s 147

Notification: All Industry Rates of Duty Drawback Schedule

Highlight: MAT - Adjustment to book profit - computation u/clause (f) of Explanation-1 to section 115JB(2) is to be made without resorting to the computation as contemplated u/s 14A r.w.Rule 8D of I.T. Rules.

Highlight: Addition on account of alleged suppression of service value received - the addition made simply believing the Form 26AS will be an arbitrary exercise of power which cannot be sustained

Notification: Exempts intra state supply of heavy water and nuclear fuels from DAE to NPCIL

Notification: Seeks to amend notification No. 12/2017-UTT(R) to exempt right to admission to the events organised under FIFA U-17 World Cup 2017

Notification: Seeks to amend notification No. 11/2017- UTT(R) to reduce CGST rate on specified supplies of Works Contract Services

Highlight: Liability to pay duty on import of software - Though no authorization was given by the appellant to DHL, it is an undisputed position that the software has, in fact, been ordered by the appellant and have been delivered to them by DHL - the appellant is to be considered as the importer

Notification: Exempts inter-state supply of heavy water and nuclear fuels from DAE to NPCIL

Notification: Seeks to amend notification No. 09/2017-IT(R) to exempt right to admission to the events organised under FIFA U-17 World Cup 2017

Notification: Seeks to amend notification No. 08/2017-IT(R) to reduce CGST rate on specified supplies of Works Contract Services

Notification: Exempts intra state supply of heavy water and nuclear fuels from DAE to NPCIL

Notification: Seeks to amend notification No. 12/2017-CT(R) to exempt right to admission to the events organised under FIFA U-17 World Cup 2017

Notification: Seeks to amend notification No. 11/2017-CT(R) to reduce CGST rate on specified supplies of Works Contract Services.

News: Tax on fuel more important for a dry state like Gujarat



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version