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TIOL-DDT 543 · Thursday, 1 February 2007 · story 1 of 6

Medicaments – abatement increased to 42.5%

By Vijay Kumar

The abatement given to medicaments was originally 35%. This was increased to 40% by Notification No. 4/2005-C.E. (N.T.), dated 23-2-2005. Now this is increased to 42.5%.

NOTIFICATION NO. 2 /2007-CENTRAL EXCISE (N.T) Dated : 31st January, 2007