TMI BlogNotification benefitX X X X Extracts X X X X X X X X Extracts X X X X ..... What is difference between Drugs and Bulk Drugs? In Notification Number 50/2017 at Sr no. 167(A), for availing notification benefit, IGCRD certificate is required for bulk drugs, however some importers were treating bulk drugs as drugs. Guidance is solicited. - Reply By KASTURI SETHI - The Reply = Drug includes bulk drugs and formulations. See the judgement in the case of Balakrishna Pillai Vs. Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tha Medicals - 1991 (1) TMI 465 - SUPREME COURT , . This an extract from a dictionary. Also see the definition of drugs and substances under Section 3 (b) of Drugs and Cosmetics Act, 1940. - Reply By MK Singh - The Reply = Sir, if we count drugs and bulk drugs as same then what is the purpose of the Notification No. 50/2017 at Sr. No. 167(A) and (B). It renders the notification related to bulk dru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gs null and void. Please comments. - Reply By KASTURI SETHI - The Reply = Both are not the same . Bulk drug is one of the kinds of drugs. As per dictionary, the definition of Drugs is comprehensive enough to take in not only medicines but also substances. It is an umbrella which have so many drugs, medicines substances. Also see Section 3 of Drug Cosmetics Act, 1940 - Reply By raghunandhaanan rvi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Active pharmaceutical ingredients (APIs) are commonly referred to as bulk drugs. These are the primary ingredients or raw materials that provide therapeutic effects to a drug or medicine. The process of mixing these ingredients (bulk drugs) to produce a specific drug or medicine is known as formulation. - Notification benefit - Query Started By: - MK Singh Dated:- 29-12-2023 Last R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eplied Date:- 26-4-2024 Customs - Exim - SEZ - Got 4 Replies - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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