Excisability clarified: in process non marketable match slurries consumed internally are not treated as excisable goods. The Board clarifies that 'composition for match-heads' and 'side painting liquid' are heterogeneous slurries with limited shelf life, consumed in the continuous process of match manufacture and not marketed or marketable; applying its earlier instruction (based on the Supreme Court ratio), such in process non marketable inputs used within match factories should not be treated as goods chargeable to excise, and assessments are to be finalised on that basis.
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Provisions expressly mentioned in the judgment/order text.
Excisability clarified: in process non marketable match slurries consumed internally are not treated as excisable goods.
The Board clarifies that 'composition for match-heads' and 'side painting liquid' are heterogeneous slurries with limited shelf life, consumed in the continuous process of match manufacture and not marketed or marketable; applying its earlier instruction (based on the Supreme Court ratio), such in process non marketable inputs used within match factories should not be treated as goods chargeable to excise, and assessments are to be finalised on that basis.
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