https://www.taxtmi.com/caselaws?id=96167 A copolymer predominantly composed of acrylic monomer and partly of styrene monomer was treated as classifiable under heading 3906.90 as an acrylic polymer, and that classification supported exemption eligibility under Notification No. 14/92. The phrase "based on" in the exemption entry was held not to mean "consisting of", so the absence of any vinyl monomer did not by itself defeat relief where the goods otherwise matched the notified description and tariff heading. On that basis, the copolymer qualified as a copolymer resin emulsion based on acrylic and/or vinyl monomer, and the exemption was allowed. en-us Mon, 30 Apr 2001 00:00:00 +0530 Sat, 17 Dec 2011 17:03:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96167 A copolymer predominantly composed of acrylic monomer and partly of styrene monomer was treated as classifiable under heading 3906.90 as an acrylic polymer, and that classification supported exemption eligibility under Notification No. 14/92. The phrase "based on" in the exemption entry was held not to mean "consisting of", so the absence of any vinyl monomer did not by itself defeat relief where the goods otherwise matched the notified description and tariff heading. On that basis, the copolymer qualified as a copolymer resin emulsion based on acrylic and/or vinyl monomer, and the exemption was allowed. Case-Laws Central Excise Mon, 30 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96167