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PP MEDICINE UNDER CH 30 NEW EXCISE DUTY

nandankumar roy

Dear Sir,

Now excise duty increased 2% i,e, now existing 5% excise duty but confirm any body whether it is now 7% excise duty against P P MEDICINE OF CH NO.30

REGARDS,

NANDAN

Excise duty change for P.P. medicine confirmed, with a higher duty rate now applicable for Chapter 30 products. Query whether excise duty for P.P. medicines under Chapter 30 was increased; reply confirms the previously applicable duty rate has been revised upward and a new duty rate now applies to such pharmaceutical preparations classified under Chapter 30. (AI Summary)
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Mahir S on Mar 16, 2012

For existing 5 % excise duty rate for P.P. Medicine falling under Ch. No. 30, the new rate of duty is now 6 %.

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