https://www.taxtmi.com/caselaws?id=35420 The Appellate Tribunal CESTAT, Ahmedabad, on 28-4-2008, upheld the Commissioner (Appeals)' decision in a case concerning the marketability and excisability of chemical solutions used in manufacturing laminated decorative boards and other products. The Tribunal affirmed that the solutions were marketable, rejecting the Revenue's argument that they were non-marketable. Additionally, the Tribunal allowed credit for synthetic resins used for captive consumption, emphasizing the need to demonstrate marketability for credit eligibility. The decision highlights the importance of establishing marketability for excisability and the admissibility of credit for intermediate goods in the manufacturing process. en-us Mon, 28 Apr 2008 00:00:00 +0530 Fri, 05 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35420 The Appellate Tribunal CESTAT, Ahmedabad, on 28-4-2008, upheld the Commissioner (Appeals)' decision in a case concerning the marketability and excisability of chemical solutions used in manufacturing laminated decorative boards and other products. The Tribunal affirmed that the solutions were marketable, rejecting the Revenue's argument that they were non-marketable. Additionally, the Tribunal allowed credit for synthetic resins used for captive consumption, emphasizing the need to demonstrate marketability for credit eligibility. The decision highlights the importance of establishing marketability for excisability and the admissibility of credit for intermediate goods in the manufacturing process. Case-Laws Central Excise Mon, 28 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35420