TMI BlogCentral Excise duty rate for pickles of mango, lemon, chilli ?X X X X Extracts X X X X X X X X Extracts X X X X ..... Central Excise duty rate for pickles of mango, lemon, chilli ? X X X X Extracts X X X X X X X X Extracts X X X X ..... r, Pickles are classifiable under sub-heading No. 2002 90 10 of the first schedule of Central Excise Tariff Act, 1985 attracting cenvat duty @ 12.5%. Reply By Ejaz Ahmad: The Reply: Dear sir we are setting up a cold chain project and food processing unit for agriculture produce and fruits. We require to procure machinery for the project. As understood by us we r not required to register oursel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f with excise department as food processing industry need not be registered. We have been granted excise duty exemption for the capital goods purchase for the project vide notification 12/2012 subject to furnishing of Bank guarantee to the commissioner excise. However there is confusion amongst the commissionerate office as to how much bank guarantee would be required to be submitted. Pls suggest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... whether 25% of the bank guarantee would be sufficient and under which rule or circular
Reply By Mahir S:
The Reply:
Sir,
Can you please clarify and tell the serial number of the notification no. 12/2012 CE under which the excise duty exemption for the capital goods purchased for the project has been exempted. X X X X Extracts X X X X X X X X Extracts X X X X
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