RATE OF EXCISE DUTY ON CETSH NO.85389000, Central Excise

[MEHUL ASHAR]

Respected Sir,

                     As regarding above subject, One of my clients is a manufacturer of the goods falling under cetsh no.85389000, as u know that the interim budget announced dated 17-02-14 , the rate of duty on cetsh no.85389000 was reduced from 12 percent 2 10 percent till 30-06-14 but recently  I read in the papers that FM has extended the relief of reduction till 31-12-2014 , then the question arises that from 01-07-2014 my client has to charge 10 percent or not.Please reply.

THANKING U
 

Posts / Replies

[Arun Kumar Singh]

The duty of excise for this chapter heading will be continue at the rate of 10 percent till 31.12.2014. 

[Pradeep Khatri]

Dear Mehul,

The concessional Excise duty cut for above mentioned goods was set to expire on June 30, 2014, will now be available till December 31, 2014.

This is for your kind information.

Regards

Team YAGAY & SUN

(Management & Indirect Tax Consultants)

[MEHUL ASHAR]

THANK U FOR SOLUTION GIVEN BY U.IT PROVED HELPFUL 2 ME