Effective rates of duty on certain goods, including bulk drugs - 031/88 - Central Excise - Tariff

Effective rates of duty on certain goods, including bulk drugs

Notification No. 31/88-C.E.

Dated 1-3-1988

In exercise of the powers conferred by Sub-rule (1) of Rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts goods of the description, specified in Column (2) of the Table hereto annexed and falling under Chapter 28, 29 or 30, as the case may be, of the Schedule to the Central Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon under the said Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in Column (3) of the said Table.

THE TABLE

S. No.	Description of goods	Rate of duty
(1)	(2)	(3)
01.	Bulk drugs (including salts, esters and derivatives, if any) specified under the First Schedule to the Drugs (Prices Control) Order, 1987, as amended from time to time	Nil
02.	Other bulk drugs	5% ad valorem
03.	Medicinal grade Oxygen	Nil
04.	Medicinal grade Hydrogen Peroxide	Nil
05.	Anaesthetics	Nil

Explanation - In this notification, the expression "bulk drug" shall have the same meaning assigned to it in the Drugs (Prices Control) Order, 1987.