TATA IRON & STEEL CO. LTD. vs C.C.E.

The Supreme Court addressed the classification of scrap obtained during the manufacture of iron and steel products under the Central Excise Tariff. The Court held that the scrap in question did not qualify as semi-finished products under Item 26-AA, as it is not serviceable and is typically considered scrap in commercial terms. The Court affirmed the Tribunal's decision that the scrap should be classified under Item 26, which pertains to raw materials, thus determining the applicable duty rates.