https://www.taxtmi.com/caselaws?id=88843 Marketability must be proved by the department before duty can be levied on molten iron kept in molten form, and in the absence of evidence of marketability it was treated as non-excisable. Notification No. 281/86-C.E. was interpreted to cover excisable goods manufactured in a factory workshop for use in repairs or maintenance within the same factory, so pig iron, castings and forgings used captively for machinery repair qualified for exemption. Notification No. 217/86-C.E. was not available for inputs used to make splash plates because the final product was already exempt, so that benefit was denied. en-us Tue, 28 Apr 1998 00:00:00 +0530 Wed, 21 Sep 2011 16:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=88843 Marketability must be proved by the department before duty can be levied on molten iron kept in molten form, and in the absence of evidence of marketability it was treated as non-excisable. Notification No. 281/86-C.E. was interpreted to cover excisable goods manufactured in a factory workshop for use in repairs or maintenance within the same factory, so pig iron, castings and forgings used captively for machinery repair qualified for exemption. Notification No. 217/86-C.E. was not available for inputs used to make splash plates because the final product was already exempt, so that benefit was denied. Case-Laws Central Excise Tue, 28 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=88843