https://www.taxtmi.com/caselaws?id=280709 Empty HPMC capsule shells were held not to qualify as "drugs and medicines" for VAT classification merely because they were manufactured under a drug licence. The Court applied the schedule under the Madhya Pradesh Value Added Tax Act, 2002 and noted that the definition of "drug" in the Drugs and Cosmetics Act, 1940 did not by itself establish coverage under the claimed entry. As the record did not show exclusive use as drugs or medicines, the product failed to satisfy the specific scheduled entry and was classifiable under the residuary entry at the higher rate. en-us Wed, 04 Jul 2018 00:00:00 +0530 Wed, 12 Jun 2019 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280709 Empty HPMC capsule shells were held not to qualify as "drugs and medicines" for VAT classification merely because they were manufactured under a drug licence. The Court applied the schedule under the Madhya Pradesh Value Added Tax Act, 2002 and noted that the definition of "drug" in the Drugs and Cosmetics Act, 1940 did not by itself establish coverage under the claimed entry. As the record did not show exclusive use as drugs or medicines, the product failed to satisfy the specific scheduled entry and was classifiable under the residuary entry at the higher rate. Case-Laws VAT and Sales Tax Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280709