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SourceLaw Dictionary Browse Letter M

Marketability

Legal definition for Indian law research

Definition

Marketability, is a decisive test for dutiability. It only means 'saleable' or 'suitable for sale'. It need not be in fact, 'marketed'. The article should be, capable of being sold or being sold, to consumers in the market, as it is without anything more, Indian Cable Company Ltd. v. CCE, AIR 1995 SC 64 (69): (1994) 6 SCC 610.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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