2013 (12) TMI 1581

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.... Emil Pharmaceutical Ind. Pvt. Ltd. against the confirmation of the demand. Two other appeals have been filed by the Revenue against dropping of demand. Fifth appeals is Revenue's appeal relating to M/s. Medibious Laboratories Pvt. Ltd. against dropping of demand. 2. Heard both sides at length. 3. The issue involved in all the five appeals is the valuation of physician samples manufactured by the assessees and sold to the brand name holder (other pharmaceutical companies) on principal to principal basis, who in turn distributes the same free of cost to various doctors/physician. In all the cases, respective assessees have manufactured the said goods using their own raw material, packing material, machinery etc. The period in....

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....ntioned in the corresponding entry in column (4) of the said Table :- TABLE S. No. Chapter or Heading No. or sub-heading No. Description Abatement as a percentage of retail sale price (1) (2) (3) (4) 1. 3003. 10 Patent or proprietary medicaments, other than those medicaments which are exclusively Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic 35% 2. 3003. 20 Medicaments (other than patent or proprietary) other than those which are exclusively used in Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems 35% 2. This notification shall come into force on the 8th day of January, 2005. Explanation. - For the purposes of this notification, "retail sale price" ....