https://www.taxtmi.com/caselaws?id=42347 The Supreme Court upheld the Tribunal's decision that Acetic Anhydride qualified for exemption as a drug intermediate under specific notifications. The Court found that the product was used in drug manufacturing, meeting the criteria for exemption. The appeals were dismissed, affirming the Tribunal's interpretation based on the goods' intended purpose and application. The judgment highlighted the importance of aligning statutory interpretation with practical application and intended use for determining eligibility for exemptions under the Central Excises and Salt Act, 1944. en-us Wed, 26 Oct 1988 00:00:00 +0530 Sat, 05 Jul 2014 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42347 The Supreme Court upheld the Tribunal's decision that Acetic Anhydride qualified for exemption as a drug intermediate under specific notifications. The Court found that the product was used in drug manufacturing, meeting the criteria for exemption. The appeals were dismissed, affirming the Tribunal's interpretation based on the goods' intended purpose and application. The judgment highlighted the importance of aligning statutory interpretation with practical application and intended use for determining eligibility for exemptions under the Central Excises and Salt Act, 1944. Case-Laws Central Excise Wed, 26 Oct 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42347