Category - Formulation Development

[Vijay Chitte]

Can anybody guide under which category/class, the service of Formulation Development in reference to Pharmaceutical industry will fall?

AI Summary

Formulation Development Services in Pharma Industry Currently Not Classified as Taxable; Further Examination Needed A query was raised regarding the classification of formulation development services within the pharmaceutical industry for service tax purposes. The response indicated that, based on the current description, this service does not fall under any existing taxable service category. However, a more detailed examination of the service's aspects might lead to a different conclusion.