The HC held that the product manufactured under a valid drug...

The HC held that the product manufactured under a valid drug licence is classifiable as a drug/medicine under Entry 19-A, Part II, Schedule II of the MPVAT Act, and not as a cosmetic/beauty product. The HC quashed the impugned orders of the Commercial Tax Appellate Board and the Commercial Tax Board that had reclassified the product under other Schedule entries, answered the legal questions in favour of the appellant, and directed that the appellant is not liable to pay interest under Section 18(1)(a) of the MPVAT Act. Both VAT appeals were allowed and the appeals disposed.