https://www.taxtmi.com/caselaws?id=110110 A medicament manufactured from notified bulk drugs such as streptomycin can qualify as a formulation under Notification No. 8/95-C.E. if it is processed out of or contains one or more specified bulk drugs and does not fall within the express exclusion under the Drugs and Cosmetics Act, 1940. Denial of concessional duty is not justified merely because the combination is not separately listed in the Second Schedule or because no clear basis is shown for treating an ingredient as disqualifying. On the stated facts, the product satisfied the notification's definition and the concessional duty benefit was available. en-us Thu, 27 Nov 2003 00:00:00 +0530 Fri, 13 Apr 2012 17:33:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110110 A medicament manufactured from notified bulk drugs such as streptomycin can qualify as a formulation under Notification No. 8/95-C.E. if it is processed out of or contains one or more specified bulk drugs and does not fall within the express exclusion under the Drugs and Cosmetics Act, 1940. Denial of concessional duty is not justified merely because the combination is not separately listed in the Second Schedule or because no clear basis is shown for treating an ingredient as disqualifying. On the stated facts, the product satisfied the notification's definition and the concessional duty benefit was available. Case-Laws Central Excise Thu, 27 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110110