Medicaments classification: medicaments made per specified pharmacopoeias and sold under prescribed names qualify for reduced GST rate. Medicaments, including Ayurvedic, Unani, Siddha, Homeopathic or Bio-chemic products, manufactured exclusively according to the formulae in the authoritative pharmacopoeial texts or Homeopathic Pharmacopoeia (Indian or specified foreign pharmacopeias) and sold under the names specified therein, are subject to GST at 5% under Schedule 1 until 21-09-2025.
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.
Medicaments classification: medicaments made per specified pharmacopoeias and sold under prescribed names qualify for reduced GST rate.
Medicaments, including Ayurvedic, Unani, Siddha, Homeopathic or Bio-chemic products, manufactured exclusively according to the formulae in the authoritative pharmacopoeial texts or Homeopathic Pharmacopoeia (Indian or specified foreign pharmacopeias) and sold under the names specified therein, are subject to GST at 5% under Schedule 1 until 21-09-2025.
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