Medical Oxygen IP & Nitrous Oxide IP are medicines covered entry 88 of APVAT Act, 2005

EX/ST/VAT/ANDHRA PRADESH VAT ACT: Medical Oxygen IP and Nitrous Oxide IP are medicines used for or in the diagnosis, treatment, mitigation or prevention of any disease or disorder in human being falling within ambit of section 3(b)(1) of Drugs and Cosmetics Act, 1940 and are consequently covered under entry 88 of Schedule IV of the Andhra Pradesh Value Added Tax Act, 2005 and rate of tax to be levied on them is 4 per cent/5 per cent

from www.taxmann.com Latest Case Laws https://ift.tt/3bNQnyi