https://www.taxtmi.com/caselaws?id=43378 Carded and gilled sliver, an intermediate product in woollen yarn manufacture, was held not to be excisable goods because marketability is an essential attribute of goods under the excise charging provision. The material showed the sliver was loose, incohesive, brittle, not ordinarily bought or sold, not recognised in trade as a commodity, and incapable of ordinary packing or transport without damage. On that basis, no excise duty could be levied on it. The court found it unnecessary to decide the matter on the amended removal fiction under the rules. en-us Mon, 24 Aug 1987 00:00:00 +0530 Thu, 17 Jun 2010 16:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43378 Carded and gilled sliver, an intermediate product in woollen yarn manufacture, was held not to be excisable goods because marketability is an essential attribute of goods under the excise charging provision. The material showed the sliver was loose, incohesive, brittle, not ordinarily bought or sold, not recognised in trade as a commodity, and incapable of ordinary packing or transport without damage. On that basis, no excise duty could be levied on it. The court found it unnecessary to decide the matter on the amended removal fiction under the rules. Case-Laws Central Excise Mon, 24 Aug 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43378