https://www.taxtmi.com/caselaws?id=102883 UF and PF resins manufactured captively in plywood production were held not to be excisable unless the department proved they were marketable goods commonly bought and sold in the market. In the absence of evidence of marketability, the Tribunal applied the settled principle that captive use alone does not attract excise duty, and the Revenue's challenge failed. en-us Fri, 19 Jul 1991 00:00:00 +0530 Thu, 16 Feb 2012 16:45:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102883 UF and PF resins manufactured captively in plywood production were held not to be excisable unless the department proved they were marketable goods commonly bought and sold in the market. In the absence of evidence of marketability, the Tribunal applied the settled principle that captive use alone does not attract excise duty, and the Revenue's challenge failed. Case-Laws Central Excise Fri, 19 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102883