The government has extended a 30-day excise duty exemption for re-packaging of essential medicines to the batches whose prices were revised in July, August and September. In July, the finance ministry had exempted excise duty only on the first batches of scheduled drugs whose prices were fixed in May and June after the National Pharmaceutical Pricing Authority (NPPA) implemented the new Drugs Price Control Order (DPCO). According to this, prices are capped at the average price of all medicines in a particular segment with a market share of at least one per cent.

Source : http://www.business-standard.com/article/economy-policy/more-essential-drugs-get-duty-exemption-113112200924_1.html

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