https://www.taxtmi.com/news?id=14468 The Government exempts life saving drugs listed in List 4 of Notification No. 12/2012-Customs and bulk drugs used to manufacture them from basic customs duty and excise duty/CVD; drugs listed in List 3 and their bulk drugs attract concessional basic customs duty while excise duty/CVD remains nil. Requests for duty exemptions on bulk drugs are forwarded by the Department of Revenue to the Ministry of Health and Family Welfare and the Department of Pharmaceuticals for recommendation, and no change proposals have been received from those departments. en-us Fri, 08 May 2015 18:14:23 +0530 Fri, 08 May 2015 18:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14468 The Government exempts life saving drugs listed in List 4 of Notification No. 12/2012-Customs and bulk drugs used to manufacture them from basic customs duty and excise duty/CVD; drugs listed in List 3 and their bulk drugs attract concessional basic customs duty while excise duty/CVD remains nil. Requests for duty exemptions on bulk drugs are forwarded by the Department of Revenue to the Ministry of Health and Family Welfare and the Department of Pharmaceuticals for recommendation, and no change proposals have been received from those departments. News - Fri, 08 May 2015 18:14:23 +0530 https://www.taxtmi.com/news?id=14468