https://www.taxtmi.com/caselaws?id=790586 Actual third-party sales established marketability despite FDG F-18's short shelf life, and the production process was therefore treated as manufacture of an excisable product. FDG F-18, being a radiopharmaceutical used for medical imaging and as a diagnostic reagent, was held classifiable under Chapter Heading 3006 3000 rather than Chapter Heading 2844 4000. The extended period of limitation was found unsustainable because the assessee acted under bona fide belief without suppression, and the valuation adopted for captive consumption and internal clearances was rejected for not following the proper reference to sales to independent buyers. The demand, penalty, confiscation, redemption fine, and impugned order were set aside. en-us Mon, 13 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790586 Actual third-party sales established marketability despite FDG F-18's short shelf life, and the production process was therefore treated as manufacture of an excisable product. FDG F-18, being a radiopharmaceutical used for medical imaging and as a diagnostic reagent, was held classifiable under Chapter Heading 3006 3000 rather than Chapter Heading 2844 4000. The extended period of limitation was found unsustainable because the assessee acted under bona fide belief without suppression, and the valuation adopted for captive consumption and internal clearances was rejected for not following the proper reference to sales to independent buyers. The demand, penalty, confiscation, redemption fine, and impugned order were set aside. Case-Laws Central Excise Mon, 13 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790586