Bulk drugs - Effective rates of duty
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....atisfied that it is necessary in the public interest so to do, hereby exempts goods specified in column (2) of the Table hereto annexed and falling within Chapter 28, 29 or 30 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), as the case may be, from that portion of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculate....
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.... Formulations Nil If manufactured from the bulk drugs specified at S. No. 1 above. 3. The following goods, namely :- Nil If, - (1) Meta Aminophenol (i) used for the manufacture of bulk drugs as specified at S. No. 1 above; and (2) Para Nitrochloro- benzene (PNCB) (ii) where such use is elsewhere than in the factory of p....
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....yridine (15) Isonicotinic acid (16) Thiosemicarbazide (17) I-Nitropropane (18) Pyrazine Mono- carboxylic acid (19) Pyrazine dicarboxylic acid (20) 4-Amono-4 Nitrodiphenyl sulphide &nb....
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....ers, stereo-isomers and derivatives, conforming to pharmacopoeial or other standards specified in the Second Schedule to the Drugs and Cosmetics Act, 1940 (23 of 1940), and which is used as such or as an ingredient in any formulation : (ii) "formulation" means medicaments processed out of or containing one or more bulk drugs, with or without the use of any pharmaceutical aids (such as diluent, ....
TaxTMI