https://www.taxtmi.com/caselaws?id=87933 Marketability is an essential condition for excisability of an intermediate product. Carded gilled slivers of wool arising during manufacture of semi-worsted yarn do not become excisable merely because they fall within a tariff description. Classification based on composition and emergence in manufacture is insufficient where the product is not known to the market as goods and is incapable of being marketed. The disputed slivers therefore lacked the character of excisable goods, and the classification and duty liability were set aside. en-us Wed, 07 Jan 1998 00:00:00 +0530 Tue, 13 Sep 2011 18:32:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87933 Marketability is an essential condition for excisability of an intermediate product. Carded gilled slivers of wool arising during manufacture of semi-worsted yarn do not become excisable merely because they fall within a tariff description. Classification based on composition and emergence in manufacture is insufficient where the product is not known to the market as goods and is incapable of being marketed. The disputed slivers therefore lacked the character of excisable goods, and the classification and duty liability were set aside. Case-Laws Central Excise Wed, 07 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87933