https://www.taxtmi.com/caselaws?id=120399 Notification No. 245/83 was construed as not limiting excise exemption to medicines requiring compulsory price approval by drug authorities. The decisive condition was submission of the retail price to the drug authorities, and that requirement was satisfied even where formal approval was unnecessary. The goods accordingly fell within the notification, and the benefit of the 15% discount could not be denied on the ground that the medicines were outside the price-approval regime. en-us Thu, 29 Sep 2005 00:00:00 +0530 Thu, 19 Jul 2012 10:50:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120399 Notification No. 245/83 was construed as not limiting excise exemption to medicines requiring compulsory price approval by drug authorities. The decisive condition was submission of the retail price to the drug authorities, and that requirement was satisfied even where formal approval was unnecessary. The goods accordingly fell within the notification, and the benefit of the 15% discount could not be denied on the ground that the medicines were outside the price-approval regime. Case-Laws Central Excise Thu, 29 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120399