Boro Plus Ayurvedic Cream is a Medicated Ointment, Taxable at 5% Under Entry 41 Schedule II of UPVAT Act: Allahabad High Court
The Allahabad High Court supported the Commercial Tax Tribunal, Lucknow found that Boro Plus Ayurvedic Cream is a ‘medicated cream’ and not an ‘antiseptic cream’. It was held that Boro Plus Ayurvedic Cream is taxable at 5% under Entry 41 Schedule II of the Uttar Pradesh Value Added Tax Act, 2008. Subheading “Drugs and Medicines” … Read more