Excise Duty Concessions to Factory Built Ambulances - Relief for Lactose For Manufacturing of Homoeopathic Medicines - Proposals Relating to Customs and Central Excise Estimated to Result in a Net Revenue Gain of Rs.7300 Crore

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..... Excise Duty Concessions to Factory Built Ambulances - Relief for Lactose For Manufacturing of Homoeopathic Medicines - Proposals Relating to Customs and Central Excise Estimated to Result in a Net Revenue Gain of Rs.7300 Crore - News and Press Release Dated:- 28-2-2011 - News - Presenting the General Budget 2011-12 here today, Shri Pranab Mukherjee, Finance Minister has informed that the propos .....

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..... als relating to Customs and Central Excise are estimated to result in a net revenue gain of Rs.7300 crore. He has proposed: Exemptions from parallel Excise Duty for domestic suppliers producing capital goods needed for expansion of existing mega or ultra mega power projects. Full exemption from basic Customs Duty to bio-asphalt and specified machinery for application in the construction of .....

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..... national highways. Scope of exemptions from basic Customs Duty for work of art and antiquities extended to apply for exhibition or display in private art galleries open to the general public. Exemption from Import Duty for spares and capital goods required for ship repair units extended to import by ship owners. Concessional basic Customs Duty of 5% and CVD of 5% available to newspape .....

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..... r establishments for high speed printing presses extended to mailroom equipment. Jumbo rolls of cinematographic film fully exempted from CBD by providing full exemption from Excise Duty. Out right concession to factory-built ambulances from Excise Duty. Relief measures proposed for raw pistachio, bamboo for agarbatti, lactose for the manufacture of homoeopathic medicines, sanitary napk .....

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..... ins, baby and adult diapers. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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