L - Ascorbic acid finds its use in various food industries and cosmetic industries. It is most commonly known as Vitamin C and is popular because of its antioxidant activity. The antioxidant activity of L - Ascorbic acid is due to the presence of unique enediol grouping (-COH=COH-) which facilitates the scavenging of free radicals. Fruit peels or rind are basically the waste products of food and beverages industries. It is the outermost part of a fruit which is not preferred for consumption. Pinus granatum (commonly known as pomegranate), Citrus sinensis (commonly known as Orange) and Citrus limetta (commonly known as sweet lime) are few of the most common fruits being used in the juice industries and health product industries. In the current research, the rind of Pinus granatum has shown a better antioxidant activity than the L - Ascorbic acid, which is industrially used as an antioxidant agent in the food products. The Gas Chromatography Mass Spectrometer (GC-MS) study on the Punica granatum rind extract has shown the presence of various phenolic compounds, of which one is in abundance, namely, Phenol-2,4-Bis(1,1-Dimethylethyl)- and other cyclic compound named as Cyclotrisiloxane,Hexanemethyl-. These compounds with unsaturated bonds are supposed to have the capacity of free radical scavenging and hence the Punica granatum rind extract shows the potent antioxidant activity.