2015 (11) TMI 810

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... efinition of 'formulations' contained at serial no.2 - As per the definition of 'Formulation', even if the formulation is processed out of or containing one bulk product the condition of Notification stands satisfied. We, therefore, do not find any error in the order passed by the Tribunal. - Decided in favour of assessee. - Civil Appeal No.3493 /2004 - - - Dated:- 16-3-2015 - A K Sikri Rohi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lleging that the respondent was not entitled to concessional rate of duty under the aforesaid Notification on the ground that the aforesaid product is combination of streptomycin and penicillin. It was stated in the show cause notices that in order to have the applicability of this Notification both streptomycin and penicillin should be included in the table. The Department took the view that in c .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... der to support this submission the reference is made to Explanation (ii) to (iv) which defines 'formulations' in the following way: Formulation means medicaments processed out of or containing one or more bulk drugs, with or without the use of any pharmaceutical aids (such as diluents, disintegrating agent, moistening agent, lubricant, buffering agent, stabilizer or preserver) which a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X