https://www.taxtmi.com/caselaws?id=81520 Caprolactum recovered from nylon polymer waste by depolymerisation was treated as recycling covered by the relevant excise exemption notifications. The Tribunal applied the settled principle that marketability is a prerequisite for excisability and found that the Department had not shown the recovered caprolactum, in molten form, was sold or otherwise marketable as such. On that basis, the recovered product was held entitled to exemption and not excisable on the Department's case. en-us Mon, 07 Jan 1991 00:00:00 +0530 Mon, 27 Jun 2011 12:28:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=81520 Caprolactum recovered from nylon polymer waste by depolymerisation was treated as recycling covered by the relevant excise exemption notifications. The Tribunal applied the settled principle that marketability is a prerequisite for excisability and found that the Department had not shown the recovered caprolactum, in molten form, was sold or otherwise marketable as such. On that basis, the recovered product was held entitled to exemption and not excisable on the Department's case. Case-Laws Central Excise Mon, 07 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=81520