1998 (4) TMI 318 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, New Delhi dealt with whether Steel Benches manufactured by the appellants are marketable for excise duty. The appellants argued that the benches were for their own use, not for sale in the market, citing precedents on marketability. The department contended that the benches could be bought and sold in the market. The Tribunal ruled that marketability is essential for excise duty, and as the benches were made for the appellants' own use without evidence of being sold in the market, they were not marketable. The appeal by the appellants was allowed, and the department's cross-objection was disposed of accordingly.