https://www.taxtmi.com/caselaws?id=116625 Formulations based on bulk drugs in the First Schedule to the Drugs (Price Control) Order, 1987 remained eligible for exemption under Notification No. 29/88 when the products were eye ointments meant for ophthalmological use, even though they contained tetracycline or hydrocortisone. The notification's exclusion was confined to therapeutic use other than ophthalmological use, so the specified use satisfied the exemption condition. The view that duty could be demanded only prospectively on reclassification was rejected as unsupported by law. en-us Thu, 06 Oct 2005 00:00:00 +0530 Thu, 14 Jun 2012 12:49:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116625 Formulations based on bulk drugs in the First Schedule to the Drugs (Price Control) Order, 1987 remained eligible for exemption under Notification No. 29/88 when the products were eye ointments meant for ophthalmological use, even though they contained tetracycline or hydrocortisone. The notification's exclusion was confined to therapeutic use other than ophthalmological use, so the specified use satisfied the exemption condition. The view that duty could be demanded only prospectively on reclassification was rejected as unsupported by law. Case-Laws Central Excise Thu, 06 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116625