Effective excise duty rates for medicinal and toilet preparations set, limiting levy to specified ad valorem rates. Notification under rule 8 of the Medicinal and Toilet Preparations (Excise Duties) Rules, 1956 exempts dutiable goods listed in the Table from duty in excess of the rates specified. The Table assigns sixteen per cent ad valorem to most allopathic and narcotic-containing preparations and toilet preparations containing alcohol or narcotics, and assigns nil duty to indigenous medicinal preparations with self-generated alcohol that are not drinkable.
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Provisions expressly mentioned in the judgment/order text.
Effective excise duty rates for medicinal and toilet preparations set, limiting levy to specified ad valorem rates.
Notification under rule 8 of the Medicinal and Toilet Preparations (Excise Duties) Rules, 1956 exempts dutiable goods listed in the Table from duty in excess of the rates specified. The Table assigns sixteen per cent ad valorem to most allopathic and narcotic-containing preparations and toilet preparations containing alcohol or narcotics, and assigns nil duty to indigenous medicinal preparations with self-generated alcohol that are not drinkable.
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