https://www.taxtmi.com/caselaws?id=96117 Processed piled acrylic fabrics in running length were held not to be marketable as a distinct commercial commodity, because the record did not show that the intermediate product was understood in trade or possessed independent character as goods. Applying the same principle used in the comparable processed knitted fabrics matter, the article had already acquired the essential characteristics of blankets, so the intermediate stage could not be treated as excisable merely because it could later be cut into blankets. Classification under Heading 60.01 and the duty demand therefore failed, and the assessee's non-liability remained undisturbed. en-us Wed, 11 Apr 2001 00:00:00 +0530 Sat, 17 Dec 2011 13:26:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96117 Processed piled acrylic fabrics in running length were held not to be marketable as a distinct commercial commodity, because the record did not show that the intermediate product was understood in trade or possessed independent character as goods. Applying the same principle used in the comparable processed knitted fabrics matter, the article had already acquired the essential characteristics of blankets, so the intermediate stage could not be treated as excisable merely because it could later be cut into blankets. Classification under Heading 60.01 and the duty demand therefore failed, and the assessee's non-liability remained undisturbed. Case-Laws Central Excise Wed, 11 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96117