https://www.taxtmi.com/caselaws?id=105017 Marketability determines whether an intermediate product is excisable, rather than whether it is actually sold. Unvulcanised sandwiched fabric, produced by placing a rubber mixture between textile layers for footwear uppers, was treated by the majority as a distinct commodity capable of storage, transport and dispatch for stitching within its usable life. Short shelf life did not itself defeat marketability, and unrebutted evidence supported vendibility. Captive consumption therefore did not preclude excise liability under Chapter 59. A dissenting view considered that the Revenue had not established marketability because of the product's unvulcanised condition and limited shelf life. en-us Mon, 24 Dec 2001 00:00:00 +0530 Fri, 02 Mar 2012 11:48:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105017 Marketability determines whether an intermediate product is excisable, rather than whether it is actually sold. Unvulcanised sandwiched fabric, produced by placing a rubber mixture between textile layers for footwear uppers, was treated by the majority as a distinct commodity capable of storage, transport and dispatch for stitching within its usable life. Short shelf life did not itself defeat marketability, and unrebutted evidence supported vendibility. Captive consumption therefore did not preclude excise liability under Chapter 59. A dissenting view considered that the Revenue had not established marketability because of the product's unvulcanised condition and limited shelf life. Case-Laws Central Excise Mon, 24 Dec 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105017