https://www.taxtmi.com/caselaws?id=86885 Molten slag and granulated slag were treated as non-marketable by-products rather than excisable goods, because mere capability of sale or some recoverable value does not satisfy commercial marketability. The Tribunal applied earlier rulings on blast furnace slag and the Supreme Court principle that waste or rubbish does not become marketable goods for excise purposes simply because it can be sold. On that basis, the demand was found unsustainable, the impugned order was set aside, and the appeal was allowed. en-us Mon, 07 Jul 1997 00:00:00 +0530 Mon, 29 Aug 2011 11:35:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86885 Molten slag and granulated slag were treated as non-marketable by-products rather than excisable goods, because mere capability of sale or some recoverable value does not satisfy commercial marketability. The Tribunal applied earlier rulings on blast furnace slag and the Supreme Court principle that waste or rubbish does not become marketable goods for excise purposes simply because it can be sold. On that basis, the demand was found unsustainable, the impugned order was set aside, and the appeal was allowed. Case-Laws Central Excise Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86885