https://www.taxtmi.com/caselaws?id=74473 Studs and eye bolts were treated as fasteners under Item 52 of the Central Excise Tariff because each performed a fastening function in use, and the absence of a head on a stud or occasional adjustment of an eye bolt did not alter its essential character. The classification was upheld. Penalty was not sustained because the adjudication record was inconsistent on misdeclaration, suppression and clandestine clearance, leaving the factual basis for penal action uncertain. The duty demand therefore remained on the classification issue, but the penal component was deleted, giving the assessee partial relief. en-us Wed, 19 Aug 1987 00:00:00 +0530 Thu, 09 Jun 2011 10:59:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=74473 Studs and eye bolts were treated as fasteners under Item 52 of the Central Excise Tariff because each performed a fastening function in use, and the absence of a head on a stud or occasional adjustment of an eye bolt did not alter its essential character. The classification was upheld. Penalty was not sustained because the adjudication record was inconsistent on misdeclaration, suppression and clandestine clearance, leaving the factual basis for penal action uncertain. The duty demand therefore remained on the classification issue, but the penal component was deleted, giving the assessee partial relief. Case-Laws Central Excise Wed, 19 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=74473