DEPB rates for formulations consisting of more than one bulk drug where some of the constituent drugs are having specified DEPB rates while others are non-specified ones
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
DEPB rate calculation for mixed specified and non-specified drug formulations clarified; methodology defines weight-based apportionment and applicability. For formulations with both specified and non specified bulk drugs, calculate each specified constituent's DEPB contribution as 75% of its bulk DEPB rate times its weight percentage divided by 100, sum those contributions, then compute the non specified contribution by multiplying the combined weight percentage of all non specified constituents by the applicable DEPB rate for non specified drugs divided by 100; the formulation's DEPB rate is the sum of specified and non specified contributions. The method applies only to exports on or after the circular date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
DEPB rate calculation for mixed specified and non-specified drug formulations clarified; methodology defines weight-based apportionment and applicability.
For formulations with both specified and non specified bulk drugs, calculate each specified constituent's DEPB contribution as 75% of its bulk DEPB rate times its weight percentage divided by 100, sum those contributions, then compute the non specified contribution by multiplying the combined weight percentage of all non specified constituents by the applicable DEPB rate for non specified drugs divided by 100; the formulation's DEPB rate is the sum of specified and non specified contributions. The method applies only to exports on or after the circular date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.