https://www.taxtmi.com/caselaws?id=152409 Intermediate excise duty depends on marketability, and the Revenue must prove that the product is capable of being bought and sold in the market. In this matter, no market enquiry, specification details, testing, or expert opinion was produced to establish that friction cloth or rubberized cotton fabric at the intermediate stage was marketable. Earlier decisions treating friction cloth as non-marketable were followed, while the Revenue's contrary authorities were distinguished on facts. The product was therefore not proved to be marketable and was not excisable. en-us Wed, 30 Sep 2009 00:00:00 +0530 Tue, 02 Jul 2013 18:37:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152409 Intermediate excise duty depends on marketability, and the Revenue must prove that the product is capable of being bought and sold in the market. In this matter, no market enquiry, specification details, testing, or expert opinion was produced to establish that friction cloth or rubberized cotton fabric at the intermediate stage was marketable. Earlier decisions treating friction cloth as non-marketable were followed, while the Revenue's contrary authorities were distinguished on facts. The product was therefore not proved to be marketable and was not excisable. Case-Laws Central Excise Wed, 30 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152409