AAAR: Rules on classification of ‘Nicotine Polacriliex Lozenges’ used as stop smoking aids

Karnataka AAAR upholds AAR order, classifies ‘Nicotine Polacriliex Lozenge’ (NCT) under heading 38.24, covered under Sr. No. 97 of Schedule III to Notification No. 01/2017-Central Tax(Rate), liable to GST at 18% (CGST+SGST); While rejecting contention of the applicant, an 100% EOU, for classifying the product under Chapter 30.04 as a medicament, in terms of the composition of the product, holds that “There is no therapeutic value in Nicotine Polacrilex Lozenge other tha...