https://www.taxtmi.com/caselaws?id=182947 'Turnover' under the Drugs Policy, 1994 was construed as domestic sale value of the bulk drug; export sales were excluded and production or import figures could not be treated as turnover, though they might assist estimation where sales data was lacking. For the competition criterion in paragraph 22.7.2(iii), only single-ingredient formulators were relevant, and that administrative construction was upheld as a reasonable and non-rationally arbitrary reading of the policy. The challenge under Article 14 failed because arbitrariness and discrimination claims against subordinate legislation required a firm factual foundation, which the High Court had not properly scrutinised; the matter was remitted for fresh determination. en-us Fri, 01 Aug 2003 00:00:00 +0530 Tue, 24 May 2016 15:23:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182947 'Turnover' under the Drugs Policy, 1994 was construed as domestic sale value of the bulk drug; export sales were excluded and production or import figures could not be treated as turnover, though they might assist estimation where sales data was lacking. For the competition criterion in paragraph 22.7.2(iii), only single-ingredient formulators were relevant, and that administrative construction was upheld as a reasonable and non-rationally arbitrary reading of the policy. The challenge under Article 14 failed because arbitrariness and discrimination claims against subordinate legislation required a firm factual foundation, which the High Court had not properly scrutinised; the matter was remitted for fresh determination. Case-Laws Indian Laws Fri, 01 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182947