One basic thing should be clearly understood by all that classification of any product as medicament or cosmetics is only and exclusively governed by the provisions of the Drugs & Cosmetics Act, 1940. Production/ manufacture/ storage/sale of these products is governed by the provisions of the Act of 1940 including Drugs and Cosmetic Rules, 1945 […]from Taxscan | Simplifying Tax Laws https://ift.tt/3llNxVI
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