https://www.taxtmi.com/caselaws?id=410536 NCCD cannot be levied on gas condensate or heavier hydrocarbons classified under Heading 2709 unless the Revenue proves marketability and excisability. The text states that the product emerged as an unstable intermediate stream, was captively consumed in the manufacture of naphtha or mixed fuel oil, and no evidence showed it was bought, sold, transported, or otherwise known as a commercial commodity. Mere tariff classification was insufficient without proof that the product was marketable. On that basis, the demand, penalty, and interest were unsustainable. en-us Mon, 02 Aug 2021 00:00:00 +0530 Wed, 04 Aug 2021 08:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410536 NCCD cannot be levied on gas condensate or heavier hydrocarbons classified under Heading 2709 unless the Revenue proves marketability and excisability. The text states that the product emerged as an unstable intermediate stream, was captively consumed in the manufacture of naphtha or mixed fuel oil, and no evidence showed it was bought, sold, transported, or otherwise known as a commercial commodity. Mere tariff classification was insufficient without proof that the product was marketable. On that basis, the demand, penalty, and interest were unsustainable. Case-Laws Central Excise Mon, 02 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410536