https://www.taxtmi.com/caselaws?id=46882 Cold rolled strips obtained from hot rolled strips were not exigible to excise duty because the process did not establish emergence of a commercially distinct and marketable product; Indian Standard specifications alone were insufficient to prove marketability, so the levy was unsustainable. Excise duty paid on reversible mill ends was refundable because they had already been treated as scrap for tariff purposes and were not cold rolled strips, supporting the assessee's refund claim. The impugned revenue demand was quashed and relief was granted against the levy, with refund allowed for the mill ends. en-us Thu, 11 Dec 2003 00:00:00 +0530 Fri, 20 Jun 2014 11:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46882 Cold rolled strips obtained from hot rolled strips were not exigible to excise duty because the process did not establish emergence of a commercially distinct and marketable product; Indian Standard specifications alone were insufficient to prove marketability, so the levy was unsustainable. Excise duty paid on reversible mill ends was refundable because they had already been treated as scrap for tariff purposes and were not cold rolled strips, supporting the assessee's refund claim. The impugned revenue demand was quashed and relief was granted against the levy, with refund allowed for the mill ends. Case-Laws Central Excise Thu, 11 Dec 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46882