https://www.taxtmi.com/caselaws?id=111529 A bulk drug qualifies for concessional duty under Notification No. 8/96-C.E. when it conforms to the pharmacopoeial standards or the alternative standards specified in the Second Schedule to the Drugs and Cosmetics Act, 1940. Eligibility cannot be denied merely because the product is not listed in a pharmacopoeia if it satisfies the prescribed statutory standards and has been accepted by the drug control authorities on that basis. The notification was read as covering either category of standards, so compliance with the alternative standards was sufficient for concessional treatment. en-us Tue, 23 Mar 2004 00:00:00 +0530 Mon, 23 Apr 2012 18:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111529 A bulk drug qualifies for concessional duty under Notification No. 8/96-C.E. when it conforms to the pharmacopoeial standards or the alternative standards specified in the Second Schedule to the Drugs and Cosmetics Act, 1940. Eligibility cannot be denied merely because the product is not listed in a pharmacopoeia if it satisfies the prescribed statutory standards and has been accepted by the drug control authorities on that basis. The notification was read as covering either category of standards, so compliance with the alternative standards was sufficient for concessional treatment. Case-Laws Central Excise Tue, 23 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111529