https://www.taxtmi.com/caselaws?id=94885 Marketability was treated as an essential condition of excisability, so UF and PF resin solutions captively consumed in blockboard manufacture were not liable to excise duty because they were not marketable goods. On that basis, the assessee could not be denied the benefit of Notification No. 217/86 merely on the assumption that duty was payable on the final product. The demand on the captive resin solutions was set aside, and consequential relief followed. en-us Fri, 14 Jul 2000 00:00:00 +0530 Mon, 05 Dec 2011 15:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=94885 Marketability was treated as an essential condition of excisability, so UF and PF resin solutions captively consumed in blockboard manufacture were not liable to excise duty because they were not marketable goods. On that basis, the assessee could not be denied the benefit of Notification No. 217/86 merely on the assumption that duty was payable on the final product. The demand on the captive resin solutions was set aside, and consequential relief followed. Case-Laws Central Excise Fri, 14 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=94885