https://www.taxtmi.com/caselaws?id=41127 Coating compositions used for cellophane moisture-proofing were treated as varnish because they were synthetic resin solutions in volatile solvent producing a tack-free adherent coating, and were therefore excisable goods. Their short life and captive consumption in the manufacturing process did not take them outside the charge of excise, since duty attaches when an excisable commodity comes into existence. The concessional notification for varnishes applied only if the prescribed total output limit was satisfied, and recalculation of the demand was directed on that basis. The classification and excisability points were rejected, while relief was available only subject to fulfilment of the quantity condition. en-us Thu, 05 Jan 1978 00:00:00 +0530 Fri, 21 May 2010 11:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41127 Coating compositions used for cellophane moisture-proofing were treated as varnish because they were synthetic resin solutions in volatile solvent producing a tack-free adherent coating, and were therefore excisable goods. Their short life and captive consumption in the manufacturing process did not take them outside the charge of excise, since duty attaches when an excisable commodity comes into existence. The concessional notification for varnishes applied only if the prescribed total output limit was satisfied, and recalculation of the demand was directed on that basis. The classification and excisability points were rejected, while relief was available only subject to fulfilment of the quantity condition. Case-Laws Central Excise Thu, 05 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41127