https://www.taxtmi.com/notifications?id=15640 The notification exempts listed bulk drugs and formulations made from them from excise duty in excess of the notified effective rate (nil for listed items), extends nil-rate exemption to specified intermediates when used to make those bulk drugs subject to Chapter X procedures if used outside the producing factory, and prescribes a 10% effective duty rate for other bulk drugs. It defines "bulk drug" by composition and pharmacopoeial standards and "formulation" as medicaments containing bulk drugs with inert pharmaceutical aids. en-us Thu, 09 Feb 1995 00:00:00 +0530 Wed, 15 Jul 2009 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=15640 The notification exempts listed bulk drugs and formulations made from them from excise duty in excess of the notified effective rate (nil for listed items), extends nil-rate exemption to specified intermediates when used to make those bulk drugs subject to Chapter X procedures if used outside the producing factory, and prescribes a 10% effective duty rate for other bulk drugs. It defines "bulk drug" by composition and pharmacopoeial standards and "formulation" as medicaments containing bulk drugs with inert pharmaceutical aids. Notifications Central Excise Thu, 09 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=15640