Excise duty implication on ayurvedic mediciments
This query is : Resolved
04 March 2013
I want to know about excise duty applicable on manufacturing of Ayurveda medicines.
rate of excise on same
maximum limit of exempted turnover
please tell me that a concern that is not manufacturing but other firm which is engaged in manufacturing under its guidance who is liable to pay excise duty ?
please help me
rate of excise on same
maximum limit of exempted turnover
please tell me that a concern that is not manufacturing but other firm which is engaged in manufacturing under its guidance who is liable to pay excise duty ?
please help me
Madhukar N Hiregange
(Expert)
05 March 2013
Falls under 3003.9011 and liable to CED @6%. Exempted value of manufactured clearances with own brand / no brand is 150 lakhs.
Any other person who manufactures with brand name -NO exemption available.
Any other person who manufactures with brand name -NO exemption available.
05 March 2013
thank you sir....
sir please tell me if i am engaged in manufacturing of medicines with technical guidance of another entity who will be liable for excise duty
sir please tell me if i am engaged in manufacturing of medicines with technical guidance of another entity who will be liable for excise duty
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