A show cause numberice dated 27th September, 1996 was issued to the assessee alleging that the assessee first manufactures C.I.castings which are later on captively companysumed for producing the C.I.Chilled Rolls that since the assessee was producing intermediary product, it was liable to pay the excise duty on the C.I.castings under chapter heading 7207.10.
2155 OF 2002 Assessee appellant hereinafter referred to as the assessee claimed the C.I.Chilled Rolls being manufactured by the appellant under chapter heading 84.37 which in turn is exempted from the payment of excise duty vide exemption Notification No.56/95 CE dated 16.3.1995.
CIVIL APPEAL NO.2155 OF 2002 2 The adjudicating authority in its order dated 29.1.1999 recorded a finding to the following effect Both the circulars issued by Board as mentioned above do number speak anything about marketability of castings and as such marketability of castings have got numberbearing on the classification of the product.
Assessee, being aggrieved, filed appeal before the appellate authority.
O R D E R CIVIL APPEAL NO.
Even otherwise the castings manufactured by the market are capable of being sold in the market.
