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THE THIRD SCHEDULE
(See paragraph 10)
Specified maximum pre-tax return on sales turnover of manufacturers or importers of formulations :-
CATEGORY A :
| Large units with turnover exceeding Rs. 6 Crores per annum : |
| (a) having no basic drug manufacturing activity nor any research activity |
........eight per cent. |
| (b) having basic drug manufacturing activity at five per cent or more of the turnover but no research activity |
........nine per cent. |
| (c) having basic drug manufacturing activity at five per cent or more of the turnover and engaged in approved research and development work related to new drugs |
........ten per cent. |
CATEGORY B :
| Medium sized units with turnover between Rs. 1 Crore to Rs. 6 Crores per annum :
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| (a) having no basic drug manufacturing activity nor any research activity |
........nine per cent. |
| (b) having basic drug manufacturing activity at five per cent or more of the turnover but no research activity |
........ten per cent. |
| (c) having basic drug manufacturing activity at five per cent or more of the turnover and engaged in approved research and development work related to new drugs |
........eleven per cent. |
CATEGORY C:
| Other units with turnover of less than 1 Crore per annum |
| (a) having only formulation activity |
........twelve per cent. |
| (b) having basic drug manufacturing activity at five per cent or more of the turnover |
........thirteen per cent. |
sd/-
VINOD VAISH
Joint Secretary to the Government of India
(No. 5(4)/94-PI-II)
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