https://www.taxtmi.com/caselaws?id=91029 Marketability is an essential attribute of excisable goods, and where goods are removed at a pre-latexing stage for further processing and are not known or recognised in the market in that condition, central excise duty does not arise. The finding that the goods were not marketable as felt at the time of clearance was supported by technical and commercial evidence, and the Revenue produced no material to displace it. The goods were therefore not liable to Central Excise duty, and the Revenue's appeals failed. en-us Fri, 28 May 1999 00:00:00 +0530 Thu, 13 Oct 2011 13:01:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91029 Marketability is an essential attribute of excisable goods, and where goods are removed at a pre-latexing stage for further processing and are not known or recognised in the market in that condition, central excise duty does not arise. The finding that the goods were not marketable as felt at the time of clearance was supported by technical and commercial evidence, and the Revenue produced no material to displace it. The goods were therefore not liable to Central Excise duty, and the Revenue's appeals failed. Case-Laws Central Excise Fri, 28 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91029