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1 - 4 of 4 (0.26 seconds)K.P. Varghese vs The Income Tax Officer,Ernakulam, And ... on 4 September, 1981
It appears that the same principle was reiterated in the
case of Shasum Chemicals (Madras) Pvt. Ltd., [1982] ELT 786
It is well settled that the meaning ascribed by the
authority issuing the Notification, is a good guide of a
contemporaneous exposition of the position of law.
Reference may be made to the observations of this Court in
K.P. Varghese v. The Income Tax Officer, Ernakulam, [1982] 1
SCR 629. It is a well settled principle of interpretation
that courts in construing a Statute will give much weight
PG NO 547
to the interpretation put upon it at the time of its
enactment and since, by those whose duty has been to
construe, execute and apply the same enactment.
Keeping in view the language used in the exemption
notification and the purpose of the notification, the
expression `drug intermediate' is of wide description and
substance; and must be so interpreted. Indeed, it was found
in the facts of this case that the Acetic Anhydride
manufactured by the appellant has been used by M/s. IDPL in
the manufacture of drugs.
Section 11 in The Central Excise Act, 1944 [Entire Act]
Section 35 in The Central Excise Act, 1944 [Entire Act]
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