https://www.taxtmi.com/caselaws?id=269857 The Supreme Court affirmed the Tribunal's decision that chemical processing of Platinum, Palladium, Rhodium, Gold, and Silver did not constitute intermediary products subject to excise duty. The Court found the Revenue lacked evidence on marketability and rejected reliance on alleged admissions. Assessees did not claim credit on these products and they were cleared at a nil rate of duty under Chapter 71. The Court upheld the Tribunal's rulings, dismissing the appeals due to insufficient evidence supporting excise duty imposition. en-us Tue, 24 Nov 2015 00:00:00 +0530 Thu, 04 Feb 2016 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269857 The Supreme Court affirmed the Tribunal's decision that chemical processing of Platinum, Palladium, Rhodium, Gold, and Silver did not constitute intermediary products subject to excise duty. The Court found the Revenue lacked evidence on marketability and rejected reliance on alleged admissions. Assessees did not claim credit on these products and they were cleared at a nil rate of duty under Chapter 71. The Court upheld the Tribunal's rulings, dismissing the appeals due to insufficient evidence supporting excise duty imposition. Case-Laws Central Excise Tue, 24 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269857