https://www.taxtmi.com/caselaws?id=48745 Rule 56B of the Central Excise Rules, 1944 applied only to goods truly in the nature of semi-finished goods. Nylon filament yarn known as POY or flat yarn was commercially identifiable, marketable, and had a distinct name, character and use, so it was a finished excisable product rather than an intermediate stage. Because that threshold was not met, removal without payment of duty for texturising or crimping could not be permitted. The appellate order allowing in-bond removal was therefore inconsistent with the rule, and the original refusal of Rule 56B facility was restored. en-us Wed, 25 Jun 1997 00:00:00 +0530 Fri, 06 Aug 2010 12:17:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48745 Rule 56B of the Central Excise Rules, 1944 applied only to goods truly in the nature of semi-finished goods. Nylon filament yarn known as POY or flat yarn was commercially identifiable, marketable, and had a distinct name, character and use, so it was a finished excisable product rather than an intermediate stage. Because that threshold was not met, removal without payment of duty for texturising or crimping could not be permitted. The appellate order allowing in-bond removal was therefore inconsistent with the rule, and the original refusal of Rule 56B facility was restored. Case-Laws Central Excise Wed, 25 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48745