https://www.taxtmi.com/caselaws?id=101251 Excise duty on an intermediate product depends on proof that it is marketable in the condition in which it emerges; mere assertion is insufficient. The product was found to be at an intermediate stage requiring further processing, and the department had not established by evidence that it was saleable either as an aluminium can or as a marker pen component. The finding of excisability was therefore set aside, and the matter was remanded for fresh consideration, including the proposed affidavit and the alternative claim for exemption as a component part under the relevant tariff entry and notification. en-us Mon, 25 Feb 2002 00:00:00 +0530 Thu, 09 Feb 2012 11:24:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101251 Excise duty on an intermediate product depends on proof that it is marketable in the condition in which it emerges; mere assertion is insufficient. The product was found to be at an intermediate stage requiring further processing, and the department had not established by evidence that it was saleable either as an aluminium can or as a marker pen component. The finding of excisability was therefore set aside, and the matter was remanded for fresh consideration, including the proposed affidavit and the alternative claim for exemption as a component part under the relevant tariff entry and notification. Case-Laws Central Excise Mon, 25 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101251