https://www.taxtmi.com/caselaws?id=44309 Excise duty on recovered caprolactam depended on marketability, not merely manufacture or tariff description. The record showed the molten caprolactam recovered from waste in nylon yarn manufacture was treated by the assessee as not saleable, and the excise authorities led no evidence to prove that it was known to the market or capable of being marketed. On those facts, and in line with earlier tribunal decisions on identical evidence, the product was held not excisable. Remand was refused because the Department had already failed to establish marketability. en-us Tue, 13 Aug 1996 00:00:00 +0530 Mon, 20 Apr 2020 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44309 Excise duty on recovered caprolactam depended on marketability, not merely manufacture or tariff description. The record showed the molten caprolactam recovered from waste in nylon yarn manufacture was treated by the assessee as not saleable, and the excise authorities led no evidence to prove that it was known to the market or capable of being marketed. On those facts, and in line with earlier tribunal decisions on identical evidence, the product was held not excisable. Remand was refused because the Department had already failed to establish marketability. Case-Laws Central Excise Tue, 13 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44309