FORBES GOKAK LTD. vs COLLECTOR OF CENTRAL EXCISE

The Supreme Court upheld the Tribunal's decision that 'Glass Moulds' and plastic gaskets are classifiable under Central Excise Tariff Chapter heading 70.15 as 'other articles of glass'. The Court established that the process of grinding and polishing ophthalmic blanks results in a new product, thus constituting manufacture under the Central Excise Act. The Court affirmed that the goods were known in the market as glass moulds, and their classification under Chapter 70.15 was appropriate, rejecting the argument for classification under Chapter 84.