https://www.taxtmi.com/caselaws?id=46973 The Court partially allowed the appeal, modifying the Tribunal's decision by excluding penalty levy and extending the limitation period application. The appellant's claim for excise duty exemption on Menthol was denied as it did not meet the criteria of being used as such or in formulations as required by the Drugs and Cosmetics Act. The Court emphasized the specific language of the notification and the necessity for substances to be used in formulations to qualify as bulk drugs under the exemption. en-us Wed, 05 May 2004 00:00:00 +0530 Wed, 18 Jun 2014 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46973 The Court partially allowed the appeal, modifying the Tribunal's decision by excluding penalty levy and extending the limitation period application. The appellant's claim for excise duty exemption on Menthol was denied as it did not meet the criteria of being used as such or in formulations as required by the Drugs and Cosmetics Act. The Court emphasized the specific language of the notification and the necessity for substances to be used in formulations to qualify as bulk drugs under the exemption. Case-Laws Central Excise Wed, 05 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46973