Excise Duty on Perfumery Compounds leviable as as it is Marketable: SC

M/s Commissioner of Central Excise and Services Tax Vs M/s Karnataka Soaps (Supreme Court of India) In the instant case, the assessee manufactures agarbathi perfumes (odoriferous compound) by mixing inputs, aromatic chemicals, perfume oil and acids according to the pre- determined formula. It is prepared by the respondents in their Bangalore factory and then transferred to their Mysore factory where finally it is applied on raw agarbathis. In this process of manufacturing the perfumery compounds are capable of being sold in the open market. The odoriferous compound has got a shelf life and cap...