Appellate Tribunal rules in favor of Respondent due to lack of evidence on marketability of compounded rubber.

The Appellate Tribunal CESTAT, Mumbai ruled in favor of the Respondent, setting aside the demand on compounded rubber due to lack of evidence of marketability. The Revenue's appeal was rejected as they failed to prove that compounded rubber in lump form is a marketable commodity.

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The Appellate Tribunal CESTAT, Mumbai ruled in favor of the Respondent, setting aside the demand on compounded rubber due to lack of evidence of marketability. The Revenue failed to prove that compounded rubber in lump form is a marketable commodity, leading to the rejection of their appeal. (2005 (10) TMI 489 - CESTAT, Mumbai)

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