M/S C.T. Cotton Yarn Ltd vs Commissioner Of Central Excise, Indore

The Supreme Court upheld the decision of the Customs, Excise and Gold (Control) Appellate Tribunal regarding the dutiability of soft cotton waste under the Central Excise Tariff Act, 1985. The Court clarified that the introduction of heading 52.02 in the Finance Act, 1995 made soft cotton waste subject to excise duty, rejecting the appellant's claim that it was non-excisable. The Court also ruled that the demand for duty was not barred by limitation under Section 11A of the Act, affirming the Tribunal's order to impose a penalty on the appellant.