https://www.taxtmi.com/caselaws?id=257237 Covered yarn was held classifiable under Chapter 54 of the Central Excise Tariff Act, following the same Bench's earlier view that the product did not fall under Chapter 56. That classification challenge therefore failed. The penalty imposed under Rule 25 of the Central Excise Rules, 1944 was set aside because the appellant was continuing to contest the classification before the Apex Court, making the penalty unwarranted on the facts. The result was partial relief: classification was upheld against the appellant, but the penalty did not survive. en-us Wed, 17 Sep 2014 00:00:00 +0530 Thu, 05 Mar 2015 10:35:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257237 Covered yarn was held classifiable under Chapter 54 of the Central Excise Tariff Act, following the same Bench's earlier view that the product did not fall under Chapter 56. That classification challenge therefore failed. The penalty imposed under Rule 25 of the Central Excise Rules, 1944 was set aside because the appellant was continuing to contest the classification before the Apex Court, making the penalty unwarranted on the facts. The result was partial relief: classification was upheld against the appellant, but the penalty did not survive. Case-Laws Central Excise Wed, 17 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257237