NAME OF LIFE SAVING DRUGS EXEMPTED FROM CENTRAL EXCISE DUTY IF ANY
Dear Sir,
Please help regarding name of life saving drugs which is exempted from excise duties (Schudule 1) if any.
Regards ,
Nandan Roy
Guidance Provided on Life-Saving Drugs Exempt from Central Excise Duty Under Notification No. 12/2012 An individual inquired about life-saving drugs exempt from central excise duty. Two respondents provided guidance, referring to Notification No. 12/2012. The first respondent suggested reviewing the notification for a list of exempt items. The second respondent detailed specific drugs and chemicals exempt under various lists in the notification, including antibiotics, anti-malarial drugs, and other essential medicines like insulin and antiretrovirals. The discussion aimed to clarify which drugs are duty-exempt under specified conditions. (AI Summary)
Central Excise