https://www.taxtmi.com/caselaws?id=95385 Continuous manufacture of acrylic blankets was treated as a single, composite process in which unfinished twin blankets passed through further operations of printing, drying, brushing, raising, shearing, polishing, cutting, hemming and packing. On the record, no reliable material showed that a distinct knitted fabric emerged as a separately identifiable commercial commodity, and the Revenue did not displace the process description or expert opinion relied on by the assessee. Applying the settled marketability test, the alleged intermediate stage had only a transient character and no independent market identity, so it was not excisable goods. Notification No. 67/95-C.E. was also held applicable to the final product. en-us Thu, 11 Jan 2001 00:00:00 +0530 Mon, 12 Dec 2011 10:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=95385 Continuous manufacture of acrylic blankets was treated as a single, composite process in which unfinished twin blankets passed through further operations of printing, drying, brushing, raising, shearing, polishing, cutting, hemming and packing. On the record, no reliable material showed that a distinct knitted fabric emerged as a separately identifiable commercial commodity, and the Revenue did not displace the process description or expert opinion relied on by the assessee. Applying the settled marketability test, the alleged intermediate stage had only a transient character and no independent market identity, so it was not excisable goods. Notification No. 67/95-C.E. was also held applicable to the final product. Case-Laws Central Excise Thu, 11 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=95385