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of <h1>Excisability of Match Manufacturing Materials Clarified: 'Composition for Match-Heads' and 'Side Painting Liquid' Not Subject to Excise Duty.</h1> The circular addresses doubts regarding the excisability of 'composition for match-heads' and 'side painting liquid' used in match manufacturing. These products are not marketed or marketable, as they must be applied within hours to remain usable. The Board, after consultation, concluded that these products, similar to 'leiee paste' used in biri factories, do not qualify as 'goods' for excise duty purposes, based on a Supreme Court judgment. Consequently, pending assessments should be finalized accordingly, and trade interests informed.
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