https://www.taxtmi.com/caselaws?id=87363 Fabricated steel racks and related parts were held not to be marketable goods, so central excise duty was not leviable. The decisive test was marketability: excise applies only to manufactured goods capable of being bought and sold in the market. The articles were made by cutting iron and steel angles, drilling holes, and fitting nuts and bolts for use within the assessee's premises. As they were not generally marketed and were treated as in-house fabrication forming part of an immovable storage facility, classification under Tariff Item 94.03 was not sustainable. en-us Thu, 19 Jun 1997 00:00:00 +0530 Mon, 05 Sep 2011 15:02:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87363 Fabricated steel racks and related parts were held not to be marketable goods, so central excise duty was not leviable. The decisive test was marketability: excise applies only to manufactured goods capable of being bought and sold in the market. The articles were made by cutting iron and steel angles, drilling holes, and fitting nuts and bolts for use within the assessee's premises. As they were not generally marketed and were treated as in-house fabrication forming part of an immovable storage facility, classification under Tariff Item 94.03 was not sustainable. Case-Laws Central Excise Thu, 19 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87363