https://www.taxtmi.com/caselaws?id=288748 Rolled metal tyres cleared in a forged or roughly shaped stage were held classifiable under Chapter 72, not as parts of railway rolling stock under Chapter 86, because they had not yet acquired the essential character of finished railway tyres and required substantial further machining and finishing. Note 2(a) to Chapter 86 was therefore inapplicable at the time of clearance. On limitation, approved classification lists and departmental awareness of the manufacturing activity negatived suppression or wilful misstatement, so invocation of the extended period was not justified. The demand was thus time-barred, and the consequential penalties and reliefs were set aside. en-us Fri, 24 Sep 1993 00:00:00 +0530 Fri, 26 Jun 2020 10:03:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288748 Rolled metal tyres cleared in a forged or roughly shaped stage were held classifiable under Chapter 72, not as parts of railway rolling stock under Chapter 86, because they had not yet acquired the essential character of finished railway tyres and required substantial further machining and finishing. Note 2(a) to Chapter 86 was therefore inapplicable at the time of clearance. On limitation, approved classification lists and departmental awareness of the manufacturing activity negatived suppression or wilful misstatement, so invocation of the extended period was not justified. The demand was thus time-barred, and the consequential penalties and reliefs were set aside. Case-Laws Central Excise Fri, 24 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288748