Classification of goods— In the instant case, the applicant submitted that they are a manufacturer and supplier of goods such as nuts, bolts and springs etc. and the present application relates to classification of U-bolt, Front Spring Bolt, and Spring Pin. 

Applicant is seeking an advance ruling as to what is the appropriate classification and applicable rate Of the goods namely U-bolt, Front Spring Bolts & Spring Pins manufactured and supplied by the Applicant?

The Classification of goods is to be determined by commercial identity test and not by functional test i.e. as to how they are referred to in the market by those who deal with them, be it for the purpose of selling, purchasing or otherwise, they are to be classified as a generic product. 

Held that—

(i) The goods U-Bolt and Front Spring Bolt made up of Steel, manufactured and supplied by the applicant fall under the Tariff Heading 7318 15 00 and are taxable at the rate of 18%;

(ii) The goods Spring Pin made up of Steel, manufactured and supplied by the applicant fau under the Tariff Heading 7320 90 20 and is taxable @ 18%.