Effective rates of excise duty on specified goods falling under Chapter 30

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..... alt Act, 1944 (1 of 1944), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 8/94-Central Excises, dated the 1st March, 1994, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in column (3) of the Table hereto annexed and falling under Chapter or he .....

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..... - 3. 3003.30 (i) Medicaments (inc-luding veterinary medi-caments) used in Ayur-vedic, Unani Tibb, Sidha or Homoeopathic Sys-tems, manufactured ex-clusively in accordance with the formulae des-cribed in the authori-tative books specified in the First Schedule to the Drugs and Cosmetics Act, 1940 (23 of 1940) or Homoeopathic Pharma-copoeia of India or the United States of America, or the United .....

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..... g assigned to it in the Drugs (Prices Control) Order, 1987 and shall include their salts, esters or derivatives, if any. (ii) "formulations" shall mean medicaments processed out of or containing one or more bulk drugs, with or without the use of any pharmaceutical aids (such as diluent, disintegrating agent, moistening agent, lubricant, buffering agent, stabiliser or preserver) which are therapeu .....

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