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May 2014

Supreme Court Judgment in the case of Bansal Wire Industries

By Tarun Ghia, Pratik Mehta, Brijesh Cholera Chartered Accountants
Reading Time 1 mins
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Trade Circular 11T of 2014 dated 04-04-2014

As per the Supreme Court judgment ‘Stainless Steel Wire’ is not declared goods taxable @5%, but it is taxable as the residual entry.

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