https://www.taxtmi.com/caselaws?id=43589 The High Court classified a manufactured product under Tariff Item No. 18 instead of Tariff Item No. 68, ruling it as a component for tyre manufacturing. The court held that the product, a warpsheet, was essentially a rayon cord exempt from excise duty for export. It also rejected the department's claim for short levy on rayon cord, citing consistent past classification. The court allowed the petition, quashed the order, and relieved the petitioners from furnishing a Bank Guarantee, dismissing the need for an appeal to the Tribunal. en-us Tue, 18 Aug 1992 00:00:00 +0530 Fri, 18 Jun 2010 18:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43589 The High Court classified a manufactured product under Tariff Item No. 18 instead of Tariff Item No. 68, ruling it as a component for tyre manufacturing. The court held that the product, a warpsheet, was essentially a rayon cord exempt from excise duty for export. It also rejected the department's claim for short levy on rayon cord, citing consistent past classification. The court allowed the petition, quashed the order, and relieved the petitioners from furnishing a Bank Guarantee, dismissing the need for an appeal to the Tribunal. Case-Laws Central Excise Tue, 18 Aug 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43589