Excise duty exemption for life-saving drugs applies when labeling complies with drug law and price-control rules. The amendment inserts a new entry exempting from excise duty life saving drugs and medicines specified in List 4 of the referenced customs notification, provided such products are labeled or relabeled to comply with the Drugs and Cosmetics Act and the Drugs (Prices Control) Order; the exemption sets excise duty at nil for qualifying items subject to those labeling and price control compliance conditions.
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 life-saving drugs applies when labeling complies with drug law and price-control rules.
The amendment inserts a new entry exempting from excise duty life saving drugs and medicines specified in List 4 of the referenced customs notification, provided such products are labeled or relabeled to comply with the Drugs and Cosmetics Act and the Drugs (Prices Control) Order; the exemption sets excise duty at nil for qualifying items subject to those labeling and price control compliance conditions.
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