https://www.taxtmi.com/caselaws?id=87363 Marketability is essential for central excise liability: fabricated steel racks and related parts must be capable of being bought and sold as commercial goods. Cutting steel angles, drilling holes, and fitting nuts and bolts solely for use within the assessee's premises did not establish marketability. As the articles were neither generally marketed nor shown to have been sold, they formed part of an in-house immovable storage facility rather than excisable goods. Consequently, no central excise duty or classification under Tariff Item 94.03 was 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 Marketability is essential for central excise liability: fabricated steel racks and related parts must be capable of being bought and sold as commercial goods. Cutting steel angles, drilling holes, and fitting nuts and bolts solely for use within the assessee's premises did not establish marketability. As the articles were neither generally marketed nor shown to have been sold, they formed part of an in-house immovable storage facility rather than excisable goods. Consequently, no central excise duty or classification under Tariff Item 94.03 was sustainable. Case-Laws Central Excise Thu, 19 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87363