https://www.taxtmi.com/caselaws?id=98365 Marketability is essential for central excise duty and is established where goods are capable of being bought and sold in the market. Untrimmed copper sheets and circles were shown to have been sold commercially, satisfying this requirement and making them liable to excise duty. Captive consumption of production does not by itself negate marketability. The earlier Lohia Sheet Products decision was distinguishable because marketability evidence was absent there. The Revenue's appeal succeeded. en-us Mon, 09 Oct 2000 00:00:00 +0530 Fri, 20 Jan 2012 12:47:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98365 Marketability is essential for central excise duty and is established where goods are capable of being bought and sold in the market. Untrimmed copper sheets and circles were shown to have been sold commercially, satisfying this requirement and making them liable to excise duty. Captive consumption of production does not by itself negate marketability. The earlier Lohia Sheet Products decision was distinguishable because marketability evidence was absent there. The Revenue's appeal succeeded. Case-Laws Central Excise Mon, 09 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98365