https://www.taxtmi.com/caselaws?id=42536 For excise levy, an article must fall within the tariff description and also be marketable as goods. The dip solution used in tyre manufacture was held not to be an artificial or synthetic resin under Tariff Item No. 15A(1), and the evidence showed it was not known in the market as a saleable product. Because marketability is an essential ingredient of excisability, the dip solution was not liable to excise duty and relief to the assessee was sustained. en-us Tue, 11 Apr 1989 00:00:00 +0530 Fri, 11 Jun 2010 17:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42536 For excise levy, an article must fall within the tariff description and also be marketable as goods. The dip solution used in tyre manufacture was held not to be an artificial or synthetic resin under Tariff Item No. 15A(1), and the evidence showed it was not known in the market as a saleable product. Because marketability is an essential ingredient of excisability, the dip solution was not liable to excise duty and relief to the assessee was sustained. Case-Laws Central Excise Tue, 11 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42536