Whether a wrong decision by jurisdictional court is binding on the parties in absence of any appeal by either parties?

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25 - Appeals Yes. In the case of Standard Pencils [2005 (8) TMI 523 - CESTAT, NEW DELHI], it was held that the assessee did not challenge the above order.Thus, the decision has become final an .....

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..... st the order of High court in respect of classification issue. Later in another unconnected appeal, the identical issue was raised and decision of classification of High court was reversed. It was hel .....

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