https://www.taxtmi.com/caselaws?id=51927 Intermediate denatured ethyl alcohol was held not dutiable because excise applies only to goods that are marketable in a practical sense. The Tribunal accepted that extra neutral alcohol was cooled and denaturing ingredients were added almost immediately, so the product existed only briefly as a captive-process output. In the absence of material showing that it could be bought and sold as denatured ethyl alcohol, mere transient emergence in the manufacturing process did not satisfy the test of excisable goods under Chapter Heading 22.04. The Revenue's claim failed because marketability was not established. en-us Fri, 30 May 2003 00:00:00 +0530 Wed, 29 Sep 2010 12:24:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51927 Intermediate denatured ethyl alcohol was held not dutiable because excise applies only to goods that are marketable in a practical sense. The Tribunal accepted that extra neutral alcohol was cooled and denaturing ingredients were added almost immediately, so the product existed only briefly as a captive-process output. In the absence of material showing that it could be bought and sold as denatured ethyl alcohol, mere transient emergence in the manufacturing process did not satisfy the test of excisable goods under Chapter Heading 22.04. The Revenue's claim failed because marketability was not established. Case-Laws Central Excise Fri, 30 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51927