Steel Timber falls Under Heading 7308 for Shuttering & Construction Equipment: CAAR

In re  Gurmat Impex & Shipping Services (CAAR Mumbai) Customs Authority of Advance Ruling (CAAR), Mumbai, has issued a ruling on the customs classification of a product described as ‘Timber Steel,’ a composite material used in concrete construction formwork. M/s Gurmat Impex & Shipping Services had approached the authority seeking clarity on the appropriate classification for this item under the Customs Tariff Act, 1975. The applicant, an import-export firm, detailed that ‘Timber Steel’ is composed predominantly of galvanized steel (75-80%), laminated veneered ...