Keo Karpin Baby Oil's Classification Debated: Cosmetic or Medicine? VAT Rate Impact at 6% or 12% Discussed.

Classification of Keo Karpin Baby oil as cosmetic or medicine - Rate of VAT - 6% or 12% - product in issue was manufactured under a licence issued under the Act of 1940 and had prophylactic qualities, protecting children from rickets and checking vitamin A and E deficiency in them, entitling it to be classified as a medicine/drug - HC .....

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