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7th January, 2005
Notification No. 2/2005-Central Excise (N.T.)
In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 4A of the Central Excise Act, 1944 (1 of
1944), the Central Government hereby specifies the goods mentioned in column (3) of the Table below and falling under
Chapter or Heading No. or Sub-heading No. of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) mentioned
in the corresponding entry in column (2) of the said Table, as the goods to which the provisions of the said sub-section (2) shall
apply, and allows as abatement the percentage of retail sale price mentioned in the corresponding entry in column (4) of the
said Table:-
TABLE
S.
No.
Chapter or Heading
No. or Sub-heading
No.
Description
Abatement as a
percentage of retail
sale price
(1)(2) (3) (4)
1.3003. 10
Patent or proprietary medicaments, other than those medicaments which
are exclusively Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic
35%
2.3003. 20
Medicaments (other than patent or proprietary) other than those which are
exclusively used in Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic
systems
35%
2. This notification shall come into force on the 8
th
day of January, 2005.
Explanation - For the purposes of this notification, " retail sale price" means the retail price displayed by the manufacturer
under the provisions of the Drugs (Prices Control) Order, 1995.
F.No.354/100/2004-TRU
V.Sivasubramanian
Deputy Secretary to the Government of India
notifications no 02 2005 ce n t | iKargos