Stainless Steel wire is not declared goods under CST Act 1956- Supreme Court

0 comments Friday, May 20, 2011
Supreme Court in an important decision in a case namely Bansal Wire Industries Ltd. Versus State of U.P. has held that Stainless Steel wire is not covered under declared goods u/s 14 of CST Act 1956. The Apex court held that stainless steel doesnot fall in the entry of Tools, alloys and special steels under Iron and steels.

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