https://www.taxtmi.com/caselaws?id=162369 The court upheld the Commissioner's order demanding usual tax rates for basic drugs, dismissing the petitioner's challenge. It ruled that the exemption's benefit is contingent on actual use of basic drugs as raw material for manufacturing medicines, requiring dealers to prove eligibility for the concessional tax rate by demonstrating such use. The court emphasized the significance of each word in the exemption notification and clarified that fulfilling specified conditions is necessary to claim the benefit. The dismissal does not prevent the petitioner from receiving the benefit upon satisfying the exemption's conditions. en-us Fri, 05 Jan 2001 00:00:00 +0530 Tue, 25 Feb 2014 16:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162369 The court upheld the Commissioner's order demanding usual tax rates for basic drugs, dismissing the petitioner's challenge. It ruled that the exemption's benefit is contingent on actual use of basic drugs as raw material for manufacturing medicines, requiring dealers to prove eligibility for the concessional tax rate by demonstrating such use. The court emphasized the significance of each word in the exemption notification and clarified that fulfilling specified conditions is necessary to claim the benefit. The dismissal does not prevent the petitioner from receiving the benefit upon satisfying the exemption's conditions. Case-Laws VAT and Sales Tax Fri, 05 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162369