https://www.taxtmi.com/caselaws?id=45210 The Supreme Court allowed the appeal regarding the marketability of Burner Fuel Oil consumed by the appellant in its refinery. The Court found that the residue left after processing crude oil was not marketable without further processing and blending, as it did not meet the marketability test. The Revenue's argument that the residue qualified as fuel oil was rejected for failing to demonstrate marketability. Consequently, the impugned order was overturned, and consequential benefits were directed to be granted to the appellant without costs awarded. en-us Wed, 06 Sep 1995 00:00:00 +0530 Thu, 10 Jul 2014 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45210 The Supreme Court allowed the appeal regarding the marketability of Burner Fuel Oil consumed by the appellant in its refinery. The Court found that the residue left after processing crude oil was not marketable without further processing and blending, as it did not meet the marketability test. The Revenue's argument that the residue qualified as fuel oil was rejected for failing to demonstrate marketability. Consequently, the impugned order was overturned, and consequential benefits were directed to be granted to the appellant without costs awarded. Case-Laws Central Excise Wed, 06 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45210