Excise duty rates limited for specified medicaments and related goods under a notification imposing effective rate caps and conditions. Notification exempts specified Chapter 30 goods from excise duty in excess of prescribed effective rates, listing categories (formulations based on bulk drugs, insulin, zidovudine, traditional system medicaments, patent and proprietary medicaments, surgical lint, cotton wool and gauze bandages) with nil or ad valorem effective rates and a packing condition for surgical lint; it adopts definitions of bulk drugs and formulations from the Drugs (Prices Control) Order and the Drugs and Cosmetics Act framework.
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Provisions expressly mentioned in the judgment/order text.
Excise duty rates limited for specified medicaments and related goods under a notification imposing effective rate caps and conditions.
Notification exempts specified Chapter 30 goods from excise duty in excess of prescribed effective rates, listing categories (formulations based on bulk drugs, insulin, zidovudine, traditional system medicaments, patent and proprietary medicaments, surgical lint, cotton wool and gauze bandages) with nil or ad valorem effective rates and a packing condition for surgical lint; it adopts definitions of bulk drugs and formulations from the Drugs (Prices Control) Order and the Drugs and Cosmetics Act framework.
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