M/S. HINDUSTAN FERODO LIMITED vs THE COLLECTOR OF CENTRAL EXC

The Supreme Court upheld the Tribunal's decision that asbestos rings and fabrics fell under Item 22F of the Central Excise Tariff, rejecting the appellants' claim that these were intermediate products not marketable. The Court found that the products were fully manufactured and capable of being marketed, contrary to the appellants' assertions of their brittleness and fragility. The Court affirmed the Tribunal's conclusion that the evidence presented by the appellants was insufficient to support their claims regarding the products' usability and marketability.