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of <h1>Excise Duty Exemption Clarified: All Artemisinin Formulations, Including Arteether, Covered Under Notification No. 4/2006-CE.</h1> The circular from the Ministry of Finance, Department of Revenue, addresses the excise duty exemption for formulations of Artemisinin, as per notification No. 4/2006-CE dated March 1, 2006. Concerns were raised about whether this exemption applies solely to Arteether or includes other Artemisinin formulations. The document clarifies that the exemption is intended for all Artemisinin formulations, not just Arteether, and aims to resolve discrepancies in the application of this exemption by field officers. The clarification ensures that all derivatives of Artemisinin benefit from the excise duty exemption as originally intended.
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