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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Ministry of Finance warns against exporting sub-standard drugs; officers to prevent misdeclaration under Customs Act.</h1> The circular from the Ministry of Finance, Department of Revenue, addresses the issue of certain companies exporting sub-standard drugs that do not match the declared composition on their labels. These drugs, lacking therapeutic value, are being exported under various export promotion schemes, constituting mis-declaration under the Customs Act. Such exports are ineligible for benefits typically available for standard formulations. The circular instructs concerned officers to monitor and prevent companies from obtaining unwarranted export benefits through misdeclaration of drug composition.
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