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Central Excise - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

CENVAT credit - generic medicines - the names of the medicines ...


CENVAT Credit Allowed for Branded Generic Medicines; Classified as Patent or Proprietary Under Category 3003.10 with Excise Duty.

February 22, 2017

Case Laws     Central Excise     AT

CENVAT credit - generic medicines - the names of the medicines were created names as brand name of the buyer. Therefore, it clearly falls under the category of patent or proprietary medicines and classifiable under 3003.10 which attracts excise duty - benefit of cenvat credit allowed - AT

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