https://www.taxtmi.com/caselaws?id=53530 First punched web produced in the manufacture of jute floor coverings was held not to be excisable goods because the Revenue failed to prove marketability. The product was described as a loosely assembled mass of polypropylene fibres with minimal cohesion, easily disintegrated, and lacking chemicals or adhesives, unlike the compact felt described in the HSN Explanatory Notes. The earlier needle loom felt decision was distinguished because it concerned a different stage of manufacture and did not address marketability. Applying the principle that an intermediate product is excisable only if marketable, the authority held that duty was not payable and rejected the Revenue's appeal. en-us Tue, 09 Nov 2004 00:00:00 +0530 Wed, 13 Oct 2010 17:15:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53530 First punched web produced in the manufacture of jute floor coverings was held not to be excisable goods because the Revenue failed to prove marketability. The product was described as a loosely assembled mass of polypropylene fibres with minimal cohesion, easily disintegrated, and lacking chemicals or adhesives, unlike the compact felt described in the HSN Explanatory Notes. The earlier needle loom felt decision was distinguished because it concerned a different stage of manufacture and did not address marketability. Applying the principle that an intermediate product is excisable only if marketable, the authority held that duty was not payable and rejected the Revenue's appeal. Case-Laws Central Excise Tue, 09 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53530