https://www.taxtmi.com/caselaws?id=102897 Molten iron emerging at an intermediate stage and captively used in making exempt final products was treated as not marketable and therefore not excisable. The Tribunal followed its earlier majority view that molten iron at about 1300 C is not a commercial commodity, so mere tariff coverage does not by itself attract excise duty. On that basis, the duty demand on the intermediate product was held unsustainable and set aside. en-us Fri, 09 Aug 1996 00:00:00 +0530 Thu, 16 Feb 2012 17:31:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102897 Molten iron emerging at an intermediate stage and captively used in making exempt final products was treated as not marketable and therefore not excisable. The Tribunal followed its earlier majority view that molten iron at about 1300 C is not a commercial commodity, so mere tariff coverage does not by itself attract excise duty. On that basis, the duty demand on the intermediate product was held unsustainable and set aside. Case-Laws Central Excise Fri, 09 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102897