As per the prevalent law and classification Apex court has held that, " the expression Lip Salve " fall under Sub-Heading 33.04 read with Note No.5 of Chapter 33 and not under 33.03 of the Tariff Act.
Tariff classification: lip salve treated as a cosmetic preparation, not a medicated product, affecting applicable tariff placement.
The expression Lip Salve is classified under Sub Heading 33.04 read with Note No.5 of Chapter 33, and not under Sub Heading 33.03, thereby treating lip salves as cosmetic preparations rather than medicated preparations for tariff and central excise classification purposes.
Note: It is a system-generated summary and is for quick reference only.
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