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tax rate

Sanjeev Kumar (44 Points)

24 June 2017

what did tax rate on medicine

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Ajay Prajapati (512 Points)
Replied 24 June 2017

nil- Human blood and its components,All types of contraceptives
5%- Animal or human blood vaccines,Diagnostic kit for all types of hepatitis,Cyclosporin,Oral Rehydration Salts,Desferrioxamine Injection or Deferiprone,Pharmaceutical goods specified such as sterile laminaria, dental adhesion barriers etc.
12%- Medicines made by mixing two or more constituents for therapeutic or prophylactic uses.(including Ayurvedic medicines), Medicines made by mixing two or more products for therapeutic or prophylactic uses.,Wadding gauge, bandages, and similar articles,Forms or packing for retail sale regarding surgical, dental or veterinary purposes,