M/S. NICHOLAS PIRAMAL INDIA LTD. vs COMMNR. OF CENTRAL EXCISE, MUMBAI

The Supreme Court determined that 'Vitamin A Acetate Crude' and 'Vitamin A Palmitate' are excisable goods under Section 3 of the Central Excise and Salt Act, 1944, as they are commercially marketable despite being intermediate products. The Court upheld the findings of the Commissioner and the Customs, Excise and Gold Control Appellate Tribunal, confirming that the products fall under Tariff Heading 29.36 of the Central Excise Tariff Act, 1985. The appeal was dismissed, affirming the duty liability imposed on the appellant.