https://www.taxtmi.com/caselaws?id=106398 Carded wool arising at the intermediate stage of pressed wool felt manufacture was treated as a manufactured product and goods for excise purposes because tariff nomenclature and HSN guidance indicated that carding creates an identifiable commodity. However, excisability also depends on marketability, and the record did not establish that carded wool or wool laps were actually marketable or comparable to wool tops. The exemption notifications relied upon therefore required fresh factual examination. The impugned order was set aside and the matter remanded for reconsideration of marketability and the exemption claims after hearing the assessee. en-us Thu, 13 Jun 2002 00:00:00 +0530 Tue, 13 Mar 2012 18:56:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106398 Carded wool arising at the intermediate stage of pressed wool felt manufacture was treated as a manufactured product and goods for excise purposes because tariff nomenclature and HSN guidance indicated that carding creates an identifiable commodity. However, excisability also depends on marketability, and the record did not establish that carded wool or wool laps were actually marketable or comparable to wool tops. The exemption notifications relied upon therefore required fresh factual examination. The impugned order was set aside and the matter remanded for reconsideration of marketability and the exemption claims after hearing the assessee. Case-Laws Central Excise Thu, 13 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106398