https://www.taxtmi.com/caselaws?id=85719 Elastic rail clips were held classifiable outside Tariff Item 68 and instead under Item 26AA(ia)/25(B), because the issue had already been settled by a binding Larger Bench decision of the Tribunal. The classification dispute was therefore to follow the earlier precedent, and the consequential demand had to be modified and recalculated on that basis. Penalty was reduced accordingly. The claim relating to ginning machinery parts was not pressed and did not survive for adjudication. en-us Mon, 12 Aug 1996 00:00:00 +0530 Sat, 06 Aug 2011 17:10:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85719 Elastic rail clips were held classifiable outside Tariff Item 68 and instead under Item 26AA(ia)/25(B), because the issue had already been settled by a binding Larger Bench decision of the Tribunal. The classification dispute was therefore to follow the earlier precedent, and the consequential demand had to be modified and recalculated on that basis. Penalty was reduced accordingly. The claim relating to ginning machinery parts was not pressed and did not survive for adjudication. Case-Laws Central Excise Mon, 12 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85719