Excise duty exemption for specified life saving medicaments conditioned on exclusive use of listed drugs and inert aids. Patent or proprietary medicaments falling under the medicaments tariff heading are exempted from excise duty only if they contain exclusively the drugs listed in the Annexure and may include therapeutically inert pharmaceutical aids that do not interfere with the listed drugs' activity; any medicament containing an unlisted drug is excluded, and 'drug' is defined by the applicable price control order.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Excise duty exemption for specified life saving medicaments conditioned on exclusive use of listed drugs and inert aids.
Patent or proprietary medicaments falling under the medicaments tariff heading are exempted from excise duty only if they contain exclusively the drugs listed in the Annexure and may include therapeutically inert pharmaceutical aids that do not interfere with the listed drugs' activity; any medicament containing an unlisted drug is excluded, and "drug" is defined by the applicable price control order.
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