https://www.taxtmi.com/caselaws?id=48183 The Supreme Court set aside the Tribunal's order, ruling that the Revenue failed to prove the marketability of Benzyl Methyl Salicylate (BMS), essential for excise duty imposition. The Court emphasized the need for distinct market presence for a product to be considered marketable, highlighting the absence of evidence of buying or selling in this case. Thus, the appeal was accepted, and no costs were awarded. en-us Wed, 26 Mar 2008 00:00:00 +0530 Thu, 16 Oct 2014 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48183 The Supreme Court set aside the Tribunal's order, ruling that the Revenue failed to prove the marketability of Benzyl Methyl Salicylate (BMS), essential for excise duty imposition. The Court emphasized the need for distinct market presence for a product to be considered marketable, highlighting the absence of evidence of buying or selling in this case. Thus, the appeal was accepted, and no costs were awarded. Case-Laws Central Excise Wed, 26 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48183