https://www.taxtmi.com/caselaws?id=94218 Friction cloth produced at an intermediate stage in the manufacture of belts was held not chargeable to central excise duty because it was captively consumed and was found not to be marketable on the basis of market enquiry. A specific tariff entry did not eliminate the statutory requirement of marketability, and the view that marketability was irrelevant under the tariff was rejected. The assessee therefore succeeded, and no duty was payable on the intermediate product. en-us Tue, 18 May 1999 00:00:00 +0530 Sat, 19 Nov 2011 18:26:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94218 Friction cloth produced at an intermediate stage in the manufacture of belts was held not chargeable to central excise duty because it was captively consumed and was found not to be marketable on the basis of market enquiry. A specific tariff entry did not eliminate the statutory requirement of marketability, and the view that marketability was irrelevant under the tariff was rejected. The assessee therefore succeeded, and no duty was payable on the intermediate product. Case-Laws Central Excise Tue, 18 May 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94218