Tariff classification for traditional and homoeopathic medicaments clarifies eligibility and defines brand name for trade purposes. New tariff entry 31A to the Third Schedule (heading 3004) covers medicaments exclusively used in Ayurvedic, Unani, Siddha, Homoeopathic or Bio chemic ... Summary
Tariff classification for traditional and homoeopathic medicaments clarifies eligibility and defines brand name for trade purposes.
New tariff entry 31A to the Third Schedule (heading 3004) covers medicaments exclusively used in Ayurvedic, Unani, Siddha, Homoeopathic or Bio chemic systems: (i) those made per formulae in authoritative books or specified homoeopathic pharmacopoeias and sold under the name in those works; and (ii) those sold under a brand name. The entry defines "brand name" to include registered or unregistered names, marks, symbols, labels, signatures or invented words indicating a trade connection. A separate amendment substitutes the column (2) entry for S.No.64 with tariff heading 7615 10 11.
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