Classification of Keo Karpin Baby oil as cosmetic or medicine - ...
Keo Karpin Baby Oil's Classification Debated: Cosmetic or Medicine? VAT Rate Impact at 6% or 12% Discussed.
October 4, 2015
Case Laws VAT and Sales Tax HC
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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