In this blog we discuss areas related to pharmaceutical companies such as 3rd party manufacturing, Pharmaceutical Contract Manufacturing, Loan License Manufacturing, Pharmaceutical PCD Franchises, Veterinary Products, Pharma Generics and excise tax-free areas such as Barotiwala in Baddi.
Thursday, August 25, 2005
Pharmaceutical manufacturing in Barotiwala
Barotiwala in India has been declared an excise free area. This means that the excise tax is not imposed on the pharmaceuticals produced by the factories located in this area. The cost of pharmaceuticals produced by pharmaceutical units in this area is threfore lower than that produced elsewhere in India thus providing cheaper medicines to the end user. Radico remedies has located its new plant in excise tax free area for manufacturing pharmaceuticals.
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