https://www.taxtmi.com/caselaws?id=325069 Imported Ursodeoxycholic Acid, though a bulk drug, was expressly named in List 3 attached to the exemption entry for drugs or medicines, so it fell within that specific and more beneficial entry rather than being confined to the general bulk drug entry. The same interpretation applied to the corresponding central excise notification. Where two exemption entries may apply, the assessee is entitled to the more beneficial one, and a listed bulk drug can be treated as a drug for purposes of the list-based exemption. The revenue challenge therefore failed, and the goods remained eligible under the drugs entries. en-us Wed, 13 Jan 2016 00:00:00 +0530 Thu, 10 Mar 2016 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325069 Imported Ursodeoxycholic Acid, though a bulk drug, was expressly named in List 3 attached to the exemption entry for drugs or medicines, so it fell within that specific and more beneficial entry rather than being confined to the general bulk drug entry. The same interpretation applied to the corresponding central excise notification. Where two exemption entries may apply, the assessee is entitled to the more beneficial one, and a listed bulk drug can be treated as a drug for purposes of the list-based exemption. The revenue challenge therefore failed, and the goods remained eligible under the drugs entries. Case-Laws Customs Wed, 13 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325069