Medicinal and toilet preparations — Effective rate of duty
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....Delhi, the 1st March, 2003 G.S.R 159 (E) - In exercise of the powers conferred by rule 8 of the Medicinal and Toilet Preparations (Excise Duties) Rules, 1956, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the dutiable goods of the description as specified in column (3) of the Table below, falling within the Item No. of the Schedule ....
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....sp;   (b) Others Sixteen per cent. ad valorem (ii) Medicinal preparations containing alcohol which are capable of being consumed as ordinary alcoholic beverages - (a) Medicinal preparations which contain known active ingredients in therapeutic quantities Sixteen per cent. ad valorem &n....
TaxTMI