9911796707
TMI BlogReduces peak rate to excise duty (Cenvat) from 16% to 14% w.e.f. 1-3-2008, 14% to 10% w.e.f. 7-12-2008 and 10% to 8% w.e.f. 24-2-2009 except few items, 8% to 10% w.e.f. 27-2-2010X X X X Extracts X X X X X X X X Extracts X X X X ..... MENT OF REVENUE) Notification No.2/2008-Central Excise New Delhi, the 1st March, 2008 G.S.R. 130(E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the goods falling under the Chapter, heading, sub-heading or tariff item of the First Schedule to the Central Excise Tariff Act, 1985 ( 5 of 1986), as are specified in column (2) of the Table below, from so much of the duty of excise leviable thereon under the said First Schedule as is in excess of the amount calculated at the rate specified in the corresponding entry in column (3) of the Table aforesaid. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1 [10%] 13. 26 1 [10%] 14. 2707 and 2708 14% 3 [15. 7 [2710 12 19, 2710 12 20, 2710 12 90 and 2710 20 00] 14% + Rs.15.00 per litre] 16. 2710 19 10, 2710 19 20, 2710 19 50, 2710 19 60, 2710 19 70, 2710 19 80 and 2710 19 90 14% 4 [17. Omitted] 18. 2711, 2712, 2713, 2714 and 2715 14% 19. 2801, 2802, 2803, 2804 (except tariff item 2804 40 10), 2805, 2806, 2807, 2808, 2809, 2810, 2811, 2812, 2813, 2814, 2815, 2816, 2817, 2818, 2819, 2820, 2821, 2822, 2823, 2824, 2825, 2826, 2827, 2828, 2829, 2830, 2831, 2832, 2833, 2834, 2835, 2836, 2837, 2839, 2840, 2841, 2842, 2843, 2844 (except tari ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4408 39 30 and 4408 90 20), 4409, 4410, 4411, 4412, 4413 00 00, 4414 00 00, 4415, 4416, 4417 00 00, 4418, 4419, 4420 and 4421 1 [10%] 35. 45 1 [10%] 36. 4707 1 [10%] 37. 4802, 4803, 4804, 4805, 4806, 4807, 4808, 4809, 4810, 4811, 4812 00 00, 4813, 4814, 4816, 9 [4818,] 4819 (except tariff item 4819 20 10), 4820, 4821, 4822 and 4823 (except tariff item 4823 90 11) 1 [10%] 38. 4908 1 [10%] 39. 5402, 5403, 5404 (except tariff items 5404 90 10, 5404 90 20 and 5404 90 90) and 5406 1 [10%] 40. 5501, 5502, 5503, 5504, 5505, 5506 and 5507 1 [10%] 41. 5601 22 00 1 [10%] ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 21 90, 8452 29 00, 8453, 8454, 8455, 8456, 8457, 8458, 8459, 8460, 8461, 8462, 8463, 8464, 8465, 8466, 8467, 8468, 8469 (except tariff items 8469 00 30 and 8469 00 40), 8470, 8471, 8472, 8473, 8474, 8475, 8476, 8477, 8478, 8479 (except tariff item 8479 89 92), 8480, 8481, 8482, 8483, 8484, 8486 and 8487 1 [10%] 63. 85 (except tariff items 8523 80 20, 8548 10 10, 8548 10 20 and 8548 10 90) 1 [10%] 64. 86 1 [10%] 65. 8701, 8702 10 91, 8702 10 92, 8702 10 99, 8702 90 20, 8702 90 91, 8702 90 92, 8702 90 99, 8704 10 10, 8704 21 10, 8704 21 20, 8704 21 90, 8704 22 11, 8704 22 19, 8704 22 90, 8704 23 11, 8704 23 19, 8704 23 90, 8704 31 20, 8705, 8706 00 11, 8706 00 19, 8706 0 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted 7/12/2008 . Further for the entry "10%", wherever it occurs except, for the entry occurring against S. No. 14, 16 and 18, the entry "8%" substituted vide notification no. 4/2009 CE dated 24/2/2009 . Further for the entry 8%, the entry 10% substituted vide notification no. 6/2010 CE dated 27/2/2010 2. For the entry "14% + Rs.10,000 per chassis", the entry "10% + Rs.10,000 per chassis" has been substituted vide Notification No. 58/2008 CE dated 7/12/2008 . Further for the entry "10% + Rs.10,000 per chassis", wherever it occurs, the entry "8% + Rs.10,000 per chassis" substituted vide notification no. 4/2009 CE dated 24/2/2009 . Further for the entry "8% + Rs.10,000" per chassis the entry "10% + Rs.10,000" per chassis substitute ..... X X X X Extracts X X X X X X X X Extracts X X X X
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