https://www.taxtmi.com/caselaws?id=112268 Bleach liquor used captively in paper manufacture was held not to be excisable because marketability was not proved. Excise duty applies only to goods capable of being bought and sold in the market and known to the market; mere inclusion in the tariff or an HSN description is insufficient. On the facts, the liquor was prepared fresh in a continuous process, had a very short shelf life, remained unstable, and could not be marketed. The Revenue produced no technical or chemical evidence to rebut that finding. As the foundational requirement of excisability failed, captive consumption did not create liability to Central Excise duty. en-us Tue, 24 Feb 2004 00:00:00 +0530 Fri, 27 Apr 2012 13:32:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112268 Bleach liquor used captively in paper manufacture was held not to be excisable because marketability was not proved. Excise duty applies only to goods capable of being bought and sold in the market and known to the market; mere inclusion in the tariff or an HSN description is insufficient. On the facts, the liquor was prepared fresh in a continuous process, had a very short shelf life, remained unstable, and could not be marketed. The Revenue produced no technical or chemical evidence to rebut that finding. As the foundational requirement of excisability failed, captive consumption did not create liability to Central Excise duty. Case-Laws Central Excise Tue, 24 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112268