AAR: Denies concession, ‘Bulk Drugs’ not administered directly in human beings, taxable at 18%

Gujarat AAR rules that bulk drugs and intermediaries manufactured/ supplied by applicant under HSN 2919 is liable to 18% GST, denies concessional rate of 5% as per Sr. No. 180 of Notification No.01/2017-CT (Rate) dated June 28, 2017,  classifying the products under CTH No. 30; Noting that applicant supplies bulk drug to their customers which becomes raw material to the said customers, infers that the terms ‘Bulk Drugs’, ‘Drugs’ or ‘Medicines’ have not been de...