https://www.taxtmi.com/caselaws?id=330602 Malt extract or wort arising during manufacture of IMFL is not liable to excise duty under Chapter 19 unless it is shown to be a marketable excisable commodity. The Tribunal applied its earlier view that the intermediate product at that stage was wort and lacked marketability, so the duty demand could not be sustained. The operative principle is that a product emerging in the manufacturing process becomes excisable only when it is demonstrably marketable as such. en-us Tue, 10 May 2016 00:00:00 +0530 Thu, 22 Dec 2016 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330602 Malt extract or wort arising during manufacture of IMFL is not liable to excise duty under Chapter 19 unless it is shown to be a marketable excisable commodity. The Tribunal applied its earlier view that the intermediate product at that stage was wort and lacked marketability, so the duty demand could not be sustained. The operative principle is that a product emerging in the manufacturing process becomes excisable only when it is demonstrably marketable as such. Case-Laws Central Excise Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330602