Informative

Boost to Pharma & Wellness Sectors: DGFT Fixes New SION for Minoxidil, Benfotiamine & Vitamin B1 HCL

Update / Judgement Date

28 Aug 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Excise, VAT & CustomOther Legal Matters

The DGFT has fixed a new SION for Minoxidil, Benfotiamine, and Vitamin B1 HCl, providing a boost to the pharma and wellness sectors. The move, which is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at promoting tax compliance while being sensitive to the practical difficulties faced by businesses. This is a crucial reminder to all businesses that they must be diligent in their dealings.

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Boost to Pharma & Wellness Sectors: DGFT Fixes New SION for Minoxidil, Benfotiamine & Vitamin B1 HCL

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