Home Case Index All Cases Central Excise Central Excise + SC Central Excise - 2000 (4) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2000 (4) TMI 38 - SUPREME COURTWhether in the form in which the said three products came into existence in the reaction process were capable of being marketed? Held that:- The finding of fact so arrived at has not been challenged much less dislodged before the Tribunal. The only argument advanced before the Tribunal was that the three items were mentioned as "goods" in the dictionary and in the excise tariff and Mercuric Acetate (MA) was also mentioned as one of the items entitled to drawback in Duty Drawback Rules. The Tribunal has observed that these facts and mere mentioning of an item in Drawback Rules with reference to a different context was not enough to satisfy the test of marketability unless it was shown that the intermediate products were capable of being taken to market and bought and sold. No fault can be found with the view taken by the Tribunal. The appeals are devoid of any merit
|