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definition of goods

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(Querist)
08 July 2009 Sir/Madam,

does "Pre-cast concrete wall/floor panel" come under the term 'goods' as per the laws of the Central Excise Act, 1944?

these precast panels are then used to build a residential house by the real estate developer.

i have a doubt regarding its marketability as per the provisions of the central excise act.

if it is marketable then it will be excisable. so i want to know whether it is marketable as per the requirement of the act.

kindly reply asap

thanks & regards

gargi.
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Rajesh Kumar

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Rajesh Kumar (Expert)
17 July 2009 Yes, it is marketable and hence dutiable.

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