TMI BlogEffective date and time for change in Excise Duty ratesX X X X Extracts X X X X X X X X Extracts X X X X ..... Effective date and time for change in Excise Duty rates X X X X Extracts X X X X X X X X Extracts X X X X ..... ar Sir, With reference to forth comming Finance Budget 2013-14 to be produced on 28.02.13. If there is any change in Excise duty rates announced by Finance Minster whether increase or decrease in Exc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ise Duty Rate. When it would be applicable. Regards Pradeep Jain Reply By Ramanujam Varadarajan: The Reply: By virtue of Provisonal Collection of Taxes Act, 1931, the changes with regard to excise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty and customs duty rates would be given immediate effect (which will be notified from 1st Mar) and the changes will be formalised after adoption of Union Budget proposals later. Thus, excise duty ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or customs duty rates announced in the Budget would come into immediate effect. X X X X Extracts X X X X X X X X Extracts X X X X
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