https://www.taxtmi.com/caselaws?id=90697 Marketability is a factual precondition for excisability, and the record here did not independently establish that L-2 Amino Butanol Tartaric was a finished, marketable article liable to duty. The product had been disclosed to the department, the manufacturing process was known, and no reliable evidence showed that it was bought or sold in the market; on that basis, the duty demand failed on merits. Suppression or misdeclaration also could not be inferred where the relevant facts had already been disclosed and no contrary material justified the extended limitation period. The demand was therefore time-barred and consequential relief followed. en-us Thu, 07 Jan 1999 00:00:00 +0530 Mon, 10 Oct 2011 18:11:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=90697 Marketability is a factual precondition for excisability, and the record here did not independently establish that L-2 Amino Butanol Tartaric was a finished, marketable article liable to duty. The product had been disclosed to the department, the manufacturing process was known, and no reliable evidence showed that it was bought or sold in the market; on that basis, the duty demand failed on merits. Suppression or misdeclaration also could not be inferred where the relevant facts had already been disclosed and no contrary material justified the extended limitation period. The demand was therefore time-barred and consequential relief followed. Case-Laws Central Excise Thu, 07 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=90697