https://www.taxtmi.com/circulars?id=6954 The Board clarifies that 'composition for match-heads' and 'side painting liquid' are heterogeneous slurries with limited shelf life, consumed in the continuous process of match manufacture and not marketed or marketable; applying its earlier instruction (based on the Supreme Court ratio), such in process non marketable inputs used within match factories should not be treated as goods chargeable to excise, and assessments are to be finalised on that basis. en-us Mon, 20 Jun 1988 00:00:00 +0530 Thu, 09 Jul 2009 09:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6954 The Board clarifies that 'composition for match-heads' and 'side painting liquid' are heterogeneous slurries with limited shelf life, consumed in the continuous process of match manufacture and not marketed or marketable; applying its earlier instruction (based on the Supreme Court ratio), such in process non marketable inputs used within match factories should not be treated as goods chargeable to excise, and assessments are to be finalised on that basis. Circulars Central Excise Mon, 20 Jun 1988 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6954