Medicinal and Toilet Preparartions – Ad valorem duty increased to 12% from 10%

Notification No. 1/2012-M & TP

New Delhi, the 17^th March, 2012

G.S.R. (E).- In exercise of the powers conferred by rule 8 of the Medicinal and Toilet Preparartions (Excise Duties) Rules, 1956, the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 2/2003-M&TP , dated the 1^st March, 2003, published in the Gazette of India, Extraordinary, vide number G.S.R. 159 (E), dated the 1^st March, 2003, namely:-

In the said notification, in the Table, in column (4), for the entry “Ten per cent. ad valorem”, wherever it occurs, the entry “Twelve per cent. ad valorem” shall be substituted.

[F.No. 334/1/2012-TRU]

(Sanjeev Kumar Singh)

Under Secretary to the Government of India

Note.- The principal notification was published in the Gazette of India, Extraordinary, vide number G.S.R.159(E), dated the 1^st March, 2003, and last amended by notification No. 1/2010- M&TP, dated the 27^th February, 2010, published vide number G.S.R. 162 (E), dated the 27^th February, 2010.