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TMI BlogTypes of DutiesX X X X Extracts X X X X X X X X Extracts X X X X ..... Excise Tariff Act, 1985 (CETA). The rate of excise duty mentioned in the CETA is subject of various exemption notifications in this regard if any. General Rate of Excise duty is 12.5%. But the rate of duty may vary from product to product. (Central Excise First Schedule - Basic Excise Duty with Section Notes , Chapter Notes ) ( General Effective notifications ) ( Category wise effectiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... under the provisions of Finance Act. It was first imposed vide section 136 of Finance Act, 2001. Only few items are subject to NCCD. Pan masala, Cigarettes, Hookah or gudaku tobacco, various varities of Jarda or tobacco, petroleum oil, polyester yarn, Certain passenger vehicles etc. are subject to NCCD. (Schedule of NCCD) (Effective notifications in respect of NCCD) 4 Additional Dut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 1944. Notification no. 31/2004 CE dated 9-7-2004 exempts all goods from levy of additional duties of textile and textile articles. (Schedule of Additional duties of textile and textile articles) (Effective notifications in respect of textile an textile articles) 6 Additional Duty of Excise on Mineral Produces Additional duties of excise on Mineral Products are levied under M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Act, 2010 on gross quantity of raw coal, lignite and peat raised and despatched from a coal mine in India. This cess would be levied and collected as a duty of excise from coal mines. This cess would apply to imported coal as CVD. Tariff rate is ₹ 100 but effective duty is ₹ 50 per ton. Education Cess and Secondary Higher Education Cess is not payable on this cess. Any CENVAT Credit ..... X X X X Extracts X X X X X X X X Extracts X X X X
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