https://www.taxtmi.com/caselaws?id=102408 Soapy matter arising during the manufacture of banaspati was treated as waste and not shown to be commercially marketable, so it was not liable to central excise duty. The record also did not establish that the assessee had carried out any separate process to convert it into acid oil or soap stock. Applying the earlier view on a similar manufacturing process, the document states that a waste or intermediate product is exigible to excise only if marketability as such is proved. en-us Wed, 10 Apr 2002 00:00:00 +0530 Tue, 14 Feb 2012 17:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102408 Soapy matter arising during the manufacture of banaspati was treated as waste and not shown to be commercially marketable, so it was not liable to central excise duty. The record also did not establish that the assessee had carried out any separate process to convert it into acid oil or soap stock. Applying the earlier view on a similar manufacturing process, the document states that a waste or intermediate product is exigible to excise only if marketability as such is proved. Case-Laws Central Excise Wed, 10 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102408