M/S. MARSONS FAN INDUSTRIES vs COMMNR. OF CENTRAL EXCISE, CALCUTTA

The Supreme Court held that the rotors and stators manufactured by the appellant were not finished goods and thus not subject to excise duty under the Central Excise Tariff Act, 1985. The Court noted that the Department had previously accepted a decision regarding similar goods, which stated that these items were incomplete and not known in the market as finished products. Consequently, the Court set aside the Tribunal's order and allowed the appeal, confirming that the rotors and stators were not exigible to excise duty for the relevant period.