1997 (2) TMI 219 - AT - Central Excise

Summary

The judgment concerns the classification of "terpene oil BP/BPC" under the Central Excise Tariff Act. The dispute is between the Revenue and the respondents/assessees regarding whether the item should be classified as a 'bulk drug' or a medicament. The tribunal rules in favor of the Revenue, classifying the product under sub-heading 2906.90 as a cyclic alcohol derivative, not under sub-heading 3003.30 as claimed by the assessee.