Question

10
Multiple Choice ( Select 1 out of 4 options, for the question below.)
15
20
If an Ayurvedic preparation contains less than 2% self generated alcohol, excise duty will be
अगर आयुर्वेदिक तैयारी में 2% से कम स्वयं उत्पन्न शराब, उत्पाद शुल्क क्या होगा
25
30
Ortise

Answer 1

Answer:

4 per cent duty is charged if it is capable of being consumed as ordinary alcoholic beverages. As per Rule 66 of M&TP Rules no duty shall be levied on ayurvedic preparations containing self-generated alcohol in which the alcoholic content does not exceed 2 per cent proof spirit