Effective rates of duty on various categories of P or P medicaments
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....1944, the Central Government hereby exempts patent or proprietary medicaments of the description specified in column (2) of the Table hereto annexed and falling under Heading No. 30.03 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate sp....
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.... therapeutic use other than for opthalmological use; Nil 2. Single ingredient formulations based on the list of bulk drugs (including salts, esters and derivatives, if any) specified in the Second Schedule to Drugs (Prices Control) Order, 1987, as amended from time to time. 10% ad valorem Explanation. - For the purposes of this notification, - (a) the expression "formulations" me....
TaxTMI