Table of Contents
Medicinal and toilet preparation act
The medicinal and toilet preparation act was passed in 1955 and rules comes in 1957. It provides the levy and collection of duties of excessive on medical & toilet preparation containing, alcohol, opium, hemp and other narcotic drug.
1. To provide for collection of leave and duties in medicinal and toilet preparation containing alcohol.
2. To provide for uniformity in the roles and rate of excise duties leviable on such preparation through and company.
3. To provide therapeutic effects to alleviate or cure specific medical conditions like pain reliever.
4. Act as preventive measures to reduce the risk of certain diseases or conditions like vaccine and antimalarial.
5. Curb all irregulating of previous act.
Definition of some points
It refers to any organic compounds that contains a hydroxyl (-OH) functional group attached to a carbon atom.
In medicinal preparation, alcohol can be used as a solvent in various pharmaceutical products. It includes all drugs prepared for internal or external use of human beings or animals for the treatment prevents of disease. It helps to extract active ingredients from plants and herbs, and it also acts as a medium for mixing different components.
Any preparation which is intended for use in the toilet of the human body. Toilet preparations, encompass a wide range of personal care products such as perfumes, colognes, lotions, creams, and hair care products. Alcohol is frequently utilized in these preparations due to its antiseptic properties and ability to act as a fragrance carrier.
Alcohol conforming to the British pharmacopeia specification for dehydrated alcohol. Absolute alcohol refers to highly concentrated ethanol (C2H5OH) that contains minimal or no impurities. This type of alcohol is primarily used for scientific research purposes or industrial applications where purity is critical.
It means the medicinal and toilet preparation specified in the schedule as being subjected to the duties of excise levied under the act. It refers to goods that are subject to taxes or duties imposed by customs authorities when they are imported or exported.
Narcotic drug means a substance which is coca leaf or coca derivative or opium or derivative of opium or Indian hemp and shall include any other substance capable of causing or producing in human being dependence, tolerance and withdrawal syndrome and which the central government may be notification in the official gazette declare to be narcotic drug or narcotic.
It means the premises approved and licensed for the manufacture and storage of medicinal and toilet preparation containing alcohol, opium, Indian hemp and other narcotic drug or narcotics on which duty has not been paid.
It means the premises approved licensed for the mfg. & storage of medicinal and toilet preparation containing alcohol, opium, Indian hemp and other narcotic drug or narcotics on which duty has been paid.