Keo Karpin Baby Oil's Classification Debated: Cosmetic or Medicine? VAT Rate Impact at 6% or 12% Discussed.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Classification of Keo Karpin Baby oil as cosmetic or medicine - Rate of VAT - 6% or 12% - product in issue was manufactured under a licence issued under the Act of 1940 and had prophylactic qualities, protecting children from rickets and checking vitamin A and E deficiency in them, entitling it to be classified as a medicine/drug - HC....