Excise duty on Ayurvedic Product

Querist : Anonymous (Querist) 22 March 2011 This query is : Resolved

Dear Sir
As per below links appears that as per supreme court no Excise duty applicable on Ayurvedic Medicines
1) parliamentoindia.nic.in
2) timesofindia.indiatimes.com/articles/ msid-1447233
3)www.business-standard.com/india/news/no-dutyayurvedic-medicine

Please reply me so that we can follow as per rules.

thanking you

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R.Ramachandran (Expert) 22 March 2011
Being a manufacturer, you have to know the classification of the product and then find out in the Excise Tariff Act, whether your product attracts any Excise Duty, and whether any exemption is extended to it.

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