https://www.taxtmi.com/caselaws?id=114531 Ethyl Chloride IP-100 ml and Anaesthetic Ether IP-500 ml were held classifiable as bulk drugs under Chapter 29, not as medicaments under Chapter 30, because classification followed the true nature of the goods, the licensing description and technical opinion from drug authorities; small retail packing did not alter that character. On that basis, the assessee was also entitled to Modvat credit on duty-paid inputs used in manufacture, as the goods were correctly treated as excisable under Chapter 29 and cleared on payment of duty. The appellate order was annulled, the adjudicating authority's view restored, and the appeals succeeded with consequential relief. en-us Fri, 08 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 14:33:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114531 Ethyl Chloride IP-100 ml and Anaesthetic Ether IP-500 ml were held classifiable as bulk drugs under Chapter 29, not as medicaments under Chapter 30, because classification followed the true nature of the goods, the licensing description and technical opinion from drug authorities; small retail packing did not alter that character. On that basis, the assessee was also entitled to Modvat credit on duty-paid inputs used in manufacture, as the goods were correctly treated as excisable under Chapter 29 and cleared on payment of duty. The appellate order was annulled, the adjudicating authority's view restored, and the appeals succeeded with consequential relief. Case-Laws Central Excise Fri, 08 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114531