https://www.taxtmi.com/caselaws?id=268001 A medicinal formulation qualified for concessional excise duty where it contained even one bulk drug specified in the notification's table, because the definition of "formulation" covered medicaments processed out of or containing one or more bulk drugs. The benefit was not limited to formulations containing all bulk drugs listed against the relevant entry, and the other notification conditions still had to be satisfied. The Tribunal's interpretation of the notification was upheld, and the Revenue's objection was rejected. en-us Mon, 16 Mar 2015 00:00:00 +0530 Wed, 18 Nov 2015 10:29:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268001 A medicinal formulation qualified for concessional excise duty where it contained even one bulk drug specified in the notification's table, because the definition of "formulation" covered medicaments processed out of or containing one or more bulk drugs. The benefit was not limited to formulations containing all bulk drugs listed against the relevant entry, and the other notification conditions still had to be satisfied. The Tribunal's interpretation of the notification was upheld, and the Revenue's objection was rejected. Case-Laws Central Excise Mon, 16 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268001