The Commissioner Of Central Excise, ... vs Jagatjit Industries Ltd.

The Supreme Court addressed whether yeast propagated by the respondents, characterized by a short shelf-life of 6-8 hours, constituted 'goods' excisable under Heading 21.02 of the Central Excise Tariff Act. The central issue was whether the product's nature and perishability affected its classification as a taxable commodity. The Court reviewed the decision of the CEGAT regarding the manufacturing and propagation process of said yeast.