Tag: Manufacture “In Bond” and “Outside Bond” under the Medicinal and Toilet Preparations (Excise Duties) Act 1955

Screenshot 2024 08 21 095140 Manufacture "In Bond" and "Outside Bond" under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955
Aug 21

Manufacture “In Bond” and “Outside Bond” under the Medicinal and Toilet Preparations (Excise Duties) Act, 1955

The concepts of “In Bond” and “Outside Bond” manufacturing are crucial in the regulation of medicinal and toilet preparations containing alcohol, narcotic drugs, or psychotropic substances. These terms pertain to the conditions under which these preparations are manufactured, stored, and taxed. Manufacture “In Bond” “In Bond” refers to the manufacturing process of medicinal and toilet […]