https://www.taxtmi.com/caselaws?id=378300 The Tribunal ruled that the electronic interlocking signalling systems (EIS) were not excisable goods as they were neither movable nor marketable. The process undertaken by the appellant did not constitute manufacture as defined under the Central Excise Act. The EIS, being tailor-made for specific railway stations and not generally available in the market, failed the marketability test. The demand for excise duty was time-barred, and penalties and interest were not imposable. Consequently, the Tribunal allowed the appeal, setting aside the order under challenge. en-us Wed, 09 Jan 2019 00:00:00 +0530 Sat, 13 Apr 2019 05:46:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378300 The Tribunal ruled that the electronic interlocking signalling systems (EIS) were not excisable goods as they were neither movable nor marketable. The process undertaken by the appellant did not constitute manufacture as defined under the Central Excise Act. The EIS, being tailor-made for specific railway stations and not generally available in the market, failed the marketability test. The demand for excise duty was time-barred, and penalties and interest were not imposable. Consequently, the Tribunal allowed the appeal, setting aside the order under challenge. Case-Laws Central Excise Wed, 09 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378300