Central Excise Tariff 2016-17 - Central Board of Indirect

Feb 02, 2017 Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and

GOVERNMENT OF INDIA MINISTRY OF FINANCE &

(I) Central Excise 1 Rate Structure: The general duty structure is proposed at 8%, 16% and 24%. Tobacco products, pan masala and petroleum products will continue to have different rates. For textiles, a separate package has been prescribed. 1.1 The special excise duty (SED) on following items has been reduced from 16% to 8%: 1) Tyres

Budget 2015 – Live India Budget news, Union Budget 2015-16

Budget 2015– Live budget coverage online, Union budget 2015-16, Key points and highlights of India Budget 2015, Income tax slab, FDI by Finance Minister Arun Jaitely. Impact of budget on stock

Budget Highlights - Central Excise and Customs

Mar 16, 2012 Budget Highlights - Central Excise and Customs 16 March, 2012 : • Given the imperative for fiscal correction, standard rate of excise duty to be raised from 10 per cent to 12 per cent, merit rate from 5 per cent to 6 per cent and the lower merit rate from 1 per cent to 2 per cent with few exemptions

D.O. Letter From JS (TRU)- Central Excise & Customs

Mar 17, 2012 Cement: 3.6 The rate structure applicable to Portland cement falling under heading no.252329 has been revised. Both for packaged cement manufactured by mini-cement plants as well as non-mini cement plants, there were differential rates of duty depending on the Retail Sale Price (RSP) per bag of 50kgs, so far. Moreover, the rates of duty

Changes in the Rate of excise duties and other measures

In the case of packaged cement manufactured by units other than mini-cement plants, excise duty has been increased from 8% to 10% for cement of declared retail sale price exceeding Rs. 190 per 50 kg bag or Rs. 3800 per tonne

Amendments in Customs and Central Excise - Budget

The merit rate of excise duty (CENVAT) for non-petroleum goods has been increased from 4% to 5%. The increased rate would apply to all such goods that hitherto attracted the rate of 4%. Cement: 3.2 The rate structure applicable to Portland cement falling under heading no.252329 has been revised

Run-up to the Budget: Cement Industry

Feb 24, 2001 Excise duty on cement produced by mini cement units is Rs 200/tonne. Excise duty on white cementis 24 per cent and is on MRP with an abatement of

Changes In Excise Duty and Notification India Budget 2014

Jul 10, 2014 3) Excise duty on recorded smart cards is being increased from 2% without CENVAT and 6% with CENVAT to a uniform rate of 12%. Accordingly, S.No.104 is being omitted from notification No.1/2011- Central Excise, dated 1st March, 2011 and S.No.63 from notification No.2/2011-Central Excise, dated 1st. March, 2011

Updated Central Excise Tariff & Excise Duty for the Year

Nov 10, 2021 Central Excise Tariff & Central Excise Duty of 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007 and 2006. Information Valid and Updated till 06 Nov 2021. Last Update Made 02 nd February, 2017. Free Search and Find Online Central Excise Duty. New Central Excise Tariff with Tariff Heading Codes

Budget highlights: Customs, Service Tax, Excise and other

Jul 01, 2011 The following are the highlights of the Union Budget proposals with regard to all indirect taxes — including service tax, custom duties, excise and all other central taxes. Standard rate of excise duty to be raised from 10 per cent to 12 per cent, merit rate from 5 per cent to 6 per cent and the lower merit rate from 1 per cent to 2 per cent

TaxHeal - GST and Income Tax Complete Guide Portal

Oct 11, 2015 The Central Excise Officers visited the site and found that the L&T are manufacturing ready mix concrete and not concrete mix. A show-cause notice dated July 22, 1998 was issued by the Commissioner of Customs and Central Excise, Hyderabad-II Commissionerate, proposing excise duty demand of 1,97,47,626 along with interest, penalty and fine

Analysis of Cement Industry

Sep 05, 2021 The Indian cement industry is the second largest producer of cement in the world after China but ahead of US and Japan. The cement industry in India comprises 183 large cement plants and over 365 mini cement plants. Currently there are 40 players in the industry across the country. It is consented to be a core sector and has high correlation

EXCISE TARIFF CHANGES Existing Duty New Duty

Aug 07, 2015 (ii) other than from a mini cement plant No change 12%+Rs.120 PMT 12.50%+Rs.1 25 PMT 1-Mar-15 12/2015 dt.01.03.15 Excise Duty increased by 0.5% along with duty rate increase from Rs.120 per PMT to Rs.125 per PMT 2523 29 All goods, whether or not manufactured in a mini cement plant, other than those cleared in packaged form: Provided that where

Gist of main amendments in Excise Duty -Budget 2015

Feb 28, 2015 Till the enactment of the Finance Bill, 2015, the said additional duty of excise of 5% leviable on such goods is being exempted. Simultaneously, the Basic Excise Duty on these goods is being increased from 12% to 18%. 4) Excise duty on chassis for ambulances is being reduced from 24% to 12.5%. Tags: Budget, Budget 2015-16

GOVERNMENT OF INDIA MINISTRY OF FINANCE

Cement: 3.6 The rate structure applicable to Portland cement falling under heading no.252329 has been revised. Both for packaged cement manufactured by mini-cement plants as well as non-mini cement plants, there were differential rates of duty depending

EXPLANATORY NOTES (CENTRAL EXCISE)

A. CENVAT rate: 1. General excise duty rate (CENVAT rate) is being enhanced from 10% to 12%. Consequently, the merit rate of 5% is being enhanced to 6% while 1% excise duty applicable on 130 items is also being enhanced to 2%with a few exceptions. The statutory or tariff rate of central excise is being reduced to 12% for non-petroleum goods

Budget 2011-Central Excise-Rate structure for goods, other

Mar 01, 2011 The merit rate of excise duty (CENVAT) for non-petroleum goods has been increased from 4% to 5%. The increased rate would apply to all such goods that hitherto attracted the rate of 4%. Cement: 3.2 The rate structure applicable to Portland cement falling

Clarification regarding changes made or proposed in Budget

The details of these changes are as under: S.No. Description of goods Earlier rate Revised rate 1. Packaged cement manufactured in a mini-cement plant - (i) Of retail sale price not exceeding Rs. 190 per 50 kg bag or of per tonne RSP not exceeding Rs. 3800 10% ad valorem 6% ad valorem + Rs. 120 PMT (ii) Of retail sale price not exceeding Rs. 190 per 50 kg bag or of per tonne RSP not exceeding

Central Excise Tariff 2016-17 - Central Board of

Feb 02, 2017 Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and