2000 (8) TMI 863

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....for the Appellant. Shri R.K. Roy, JDR, for the Respondent. [Order per : Archana Wadhwa, Member (J)]. - Both the appeals are taken up together as they arise out of the same set of facts and circumstances and same impugned order. 2. Vide the impugned Order, duty of Rs. 2,99,827.65 has been confirmed against M/s. JKS Fibre Glass Pvt. Ltd. along with personal penalty of Rs. 1.50 lakhs....

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....he Classification Lists describing their product as Polyester Moulding Compound (SMC), claiming the classification under Heading 3907.99. He submits that the said Classification Lists were duly approved by the proper officer. As such, there was no justification for invocation of the longer period of limitation. 4. Countering the arguments, Shri R.K. Roy, learned JDR, for the Revenue submit....

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....nd (SMC), claiming its classification under Heading 3907.99. The said Classification Lists were duly approved. However, the Revenue's stand is that the Polyester Moulding Compound (SMC) which is in base-form, is further subjected to various processes when it attains continuous sheet form, which is a different product than the Polyester Moulding Compound. Inasmuch as the appellants have not declare....