https://www.taxtmi.com/caselaws?id=80668 Recovered caprolactum obtained from waste in nylon yarn manufacture is not excisable unless it is shown to be marketable as goods. The text states that marketability is an essential condition for levy of excise duty, including where the item is captively consumed, and that mere emergence in the manufacturing process or inclusion in the tariff entry is insufficient. On the facts described, there was no evidence that the recovered caprolactum was sold or capable of being marketed in molten form, so it was treated as not liable to excise duty. en-us Tue, 29 May 1990 00:00:00 +0530 Sat, 18 Jun 2011 13:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=80668 Recovered caprolactum obtained from waste in nylon yarn manufacture is not excisable unless it is shown to be marketable as goods. The text states that marketability is an essential condition for levy of excise duty, including where the item is captively consumed, and that mere emergence in the manufacturing process or inclusion in the tariff entry is insufficient. On the facts described, there was no evidence that the recovered caprolactum was sold or capable of being marketed in molten form, so it was treated as not liable to excise duty. Case-Laws Central Excise Tue, 29 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=80668