https://www.taxtmi.com/caselaws?id=84077 Taspa yarn made by feeding two yarns at different speeds, creating loops, curls, knops and slubs, was treated as fancy or special yarn rather than ordinary textured filament yarn, so classification fell under the special-yarn heading. The omission to file a revised classification list after the tariff change, together with failure to claim exemption, was treated as suppression of material facts and justified invocation of the extended limitation period. Penalty was also sustained because the conduct showed mens rea, although it was reduced in light of the product's earlier treatment as exempt textured filament yarn. en-us Mon, 16 Jan 1995 00:00:00 +0530 Tue, 19 Jul 2011 16:29:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=84077 Taspa yarn made by feeding two yarns at different speeds, creating loops, curls, knops and slubs, was treated as fancy or special yarn rather than ordinary textured filament yarn, so classification fell under the special-yarn heading. The omission to file a revised classification list after the tariff change, together with failure to claim exemption, was treated as suppression of material facts and justified invocation of the extended limitation period. Penalty was also sustained because the conduct showed mens rea, although it was reduced in light of the product's earlier treatment as exempt textured filament yarn. Case-Laws Central Excise Mon, 16 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=84077