TaxTMI 
TaxTMI 
Dear Sir,
Please help regarding name of life saving drugs which is exempted from excise duties (Schudule 1) if any.
Regards ,
Nandan Roy
NAME OF LIFE SAVING DRUGS EXEMPTED FROM CENTRAL EXCISE DUTY IF ANY
01 Aug 2012 
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Excise exemption for life-saving drugs: Notification-specified lists exclude listed essential medicines from central excise duty.
Notification No. 12/2012 CE exempts named life saving drugs, certain pharmaceutical intermediates, and specified antiviral medicines from central excise duty, subject to the conditions specified against the respective serial numbers; List 1 covers active drugs and formulations (antituberculars, antimalarials, antibiotics, steroids, artemisinin formulations), List 2 covers chemical intermediates and reagents, and List 3 covers insulin and specified antiretrovirals. (AI Summary)
Notification No. 12/2012 CE exempts named life saving drugs, certain pharmaceutical intermediates, and specified antiviral medicines from central excise duty, subject to the conditions specified against the respective serial numbers; List 1 covers active drugs and formulations (antituberculars, antimalarials, antibiotics, steroids, artemisinin formulations), List 2 covers chemical intermediates and reagents, and List 3 covers insulin and specified antiretrovirals. (AI Summary)