https://www.taxtmi.com/caselaws?id=54020 Mis-rolls generated during hot rolling, and capable of direct re-rolling in smaller mills, were treated as semi-finished goods under Chapter Heading 7207.90 rather than waste and scrap eligible for exemption. The classification adopted by the adjudicating authority was upheld because the goods were not meant for re-melting and remained fit for further hot rolling. On penalty and interest, the dispute was held to be a matter of tariff interpretation without mala fide, fraud, collusion or suppression, so penalty was set aside and interest under Section 11AB was held not recoverable. en-us Thu, 28 Apr 2005 00:00:00 +0530 Sat, 16 Oct 2010 13:44:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54020 Mis-rolls generated during hot rolling, and capable of direct re-rolling in smaller mills, were treated as semi-finished goods under Chapter Heading 7207.90 rather than waste and scrap eligible for exemption. The classification adopted by the adjudicating authority was upheld because the goods were not meant for re-melting and remained fit for further hot rolling. On penalty and interest, the dispute was held to be a matter of tariff interpretation without mala fide, fraud, collusion or suppression, so penalty was set aside and interest under Section 11AB was held not recoverable. Case-Laws Central Excise Thu, 28 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54020