https://www.taxtmi.com/caselaws?id=756688 Boro-Plus Antiseptic Cream was held to fall within Entry 41 of Schedule II Part (A) as a medicated ointment rather than the residuary unclassified category under Schedule V. The Court applied a classification test based on the intrinsic nature of the product and its common parlance understanding, and accepted the Tribunal's reliance on composition, label description, drug licence, expert opinion and trade understanding. The exclusion of antiseptic cream from the amended entry did not displace a product otherwise proved to be a medicated ointment. As no perversity, absence of evidence, or legal infirmity was shown, the revisional court had no basis to interfere. en-us Tue, 06 Aug 2024 00:00:00 +0530 Wed, 07 Aug 2024 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756688 Boro-Plus Antiseptic Cream was held to fall within Entry 41 of Schedule II Part (A) as a medicated ointment rather than the residuary unclassified category under Schedule V. The Court applied a classification test based on the intrinsic nature of the product and its common parlance understanding, and accepted the Tribunal's reliance on composition, label description, drug licence, expert opinion and trade understanding. The exclusion of antiseptic cream from the amended entry did not displace a product otherwise proved to be a medicated ointment. As no perversity, absence of evidence, or legal infirmity was shown, the revisional court had no basis to interfere. Case-Laws VAT / Sales Tax Tue, 06 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756688