AAR: By-product ‘Char-Dolochar/Dolochar’ emerging during ‘Sponge-Iron’ manufacture, taxable at 18%

Karnataka AAR classifies ‘Char-Dolochar/Dolochar’ (waste emerging during the process of manufacturing Sponge Iron) under Tariff Item 26190090 of Customs Tariff Act, 1975; Clarifies that since Char-Dolochar is a by-product emerging during manufacture of sponge iron and not manufactured from coal, it is not covered under serial no. 43 of Schedule I of the Notification No. 1/2017-Integrated Tax (Rate) dated June 28, 2017; Relies on rulings in Reactive Metals case and Bellary...