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Applicability of excise on ayurvedic medicines

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(Querist)
09 July 2014 Whether Ayurvedic medicines are exempt from Excise?
If Excise is applicable on Ayurvedic product then please let me know about the exact rule and sub rule under which excise is applicable.
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
15 July 2014 Ayurvedic, unani, siddha and homoeopathic prepared stictly as per formula in authoritative texts are fully exempt from duty.

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