Taxation of gene therapy added to the state rate schedule, with clearer pre-packaged and labelled labelling rules applied. An amendment inserts Gene Therapy into the State Tax (Rate) schedule as a new taxable entry. The Explanation is substituted to define pre-packaged and labelled as commodities intended for retail sale that are pre-packed under the Legal Metrology Act, 2009, requiring package or label declarations and limited to containers not exceeding 25 kg or 25 litre. The notification is effective from 16th January, 2025.
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Provisions expressly mentioned in the judgment/order text.
Taxation of gene therapy added to the state rate schedule, with clearer pre-packaged and labelled labelling rules applied.
An amendment inserts Gene Therapy into the State Tax (Rate) schedule as a new taxable entry. The Explanation is substituted to define pre-packaged and labelled as commodities intended for retail sale that are pre-packed under the Legal Metrology Act, 2009, requiring package or label declarations and limited to containers not exceeding 25 kg or 25 litre. The notification is effective from 16th January, 2025.
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