https://www.taxtmi.com/caselaws?id=96205 Marketability of fabricated shapes and sections is distinct from their manufacture for excise purposes. Mere emergence through a manufacturing process does not establish that an item is capable of being bought and sold in the market. Excise liability and eligibility for exemption under Notification No. 214/86 therefore depend on a factual assessment of whether each fabricated item is commercially marketable. The adjudicating authority must permit fresh evidence and determine marketability through a reasoned speaking order. en-us Sat, 19 May 2001 00:00:00 +0530 Tue, 20 Dec 2011 10:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96205 Marketability of fabricated shapes and sections is distinct from their manufacture for excise purposes. Mere emergence through a manufacturing process does not establish that an item is capable of being bought and sold in the market. Excise liability and eligibility for exemption under Notification No. 214/86 therefore depend on a factual assessment of whether each fabricated item is commercially marketable. The adjudicating authority must permit fresh evidence and determine marketability through a reasoned speaking order. Case-Laws Central Excise Sat, 19 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96205