Excise exemption: Ayurvedic antiseptic perfumed creams taxed only up to a 20% ad valorem cap when properly licensed. Ayurvedic antiseptic perfumed creams classified under the Central Excise Tariff are exempted from excise duty to the extent that any levy exceeding an ad valorem cap of 20% is disallowed; the exemption applies only to products manufactured under and in accordance with a licence issued under the Drugs and Cosmetics Act, linking fiscal relief to regulatory manufacturing compliance.
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 exemption: Ayurvedic antiseptic perfumed creams taxed only up to a 20% ad valorem cap when properly licensed.
Ayurvedic antiseptic perfumed creams classified under the Central Excise Tariff are exempted from excise duty to the extent that any levy exceeding an ad valorem cap of 20% is disallowed; the exemption applies only to products manufactured under and in accordance with a licence issued under the Drugs and Cosmetics Act, linking fiscal relief to regulatory manufacturing compliance.
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