TIOL-DDT 1188 · Wednesday, 2 September 2009 · story 3 of 6
Service tax – BAS - manufacture of pharmaceutical products - exempted
By Vijay Kumar
Government has exempted taxable service covered under Business Auxiliary Service, in relation to the manufacture of pharmaceutical products, medicines, perfumery, cosmetics or toilet preparations containing alcohol, which are charged to excise duty under Medicinal and Toilet Preparations (Excise Duties) Act, 1955 from the whole of the service tax leviable.