https://www.taxtmi.com/caselaws?id=46440 Residual sludge generated during manufacture was found not to be marketable on the evidence, because it was removed in liquid form from pits and no conclusive material showed that it could be sold as a product. As marketability is an essential condition for excisable goods, the sludge could not be treated as liable to excise duty. The finding that marketability was not established was based on appreciation of evidence and constituted a finding of fact. en-us Thu, 14 Nov 2002 00:00:00 +0530 Sat, 17 Jul 2010 18:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46440 Residual sludge generated during manufacture was found not to be marketable on the evidence, because it was removed in liquid form from pits and no conclusive material showed that it could be sold as a product. As marketability is an essential condition for excisable goods, the sludge could not be treated as liable to excise duty. The finding that marketability was not established was based on appreciation of evidence and constituted a finding of fact. Case-Laws Central Excise Thu, 14 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46440