https://www.taxtmi.com/caselaws?id=115576 Marketability under excise law does not depend on popular tradability in the open market and may exist even where goods are made for a single buyer. In disputes arising from erection and commissioning activity, excisability must be tested by examining the contractual terms, the nature of the work undertaken, and the actual goods produced. Where the record does not show such examination, a finding dropping duty demand and penalty cannot be sustained. The matter must therefore be reconsidered on a proper factual inquiry, and the dispute is remitted for fresh adjudication after hearing both sides. en-us Thu, 14 Jul 2005 00:00:00 +0530 Thu, 31 May 2012 11:55:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115576 Marketability under excise law does not depend on popular tradability in the open market and may exist even where goods are made for a single buyer. In disputes arising from erection and commissioning activity, excisability must be tested by examining the contractual terms, the nature of the work undertaken, and the actual goods produced. Where the record does not show such examination, a finding dropping duty demand and penalty cannot be sustained. The matter must therefore be reconsidered on a proper factual inquiry, and the dispute is remitted for fresh adjudication after hearing both sides. Case-Laws Central Excise Thu, 14 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115576