applicable items

This query is : Resolved 

17 December 2008 Sir,

In the Notification No 58/08 the items mentioned in notification no 2/08 10% is applicable
thus its meaning generla ED is 10%

it is corect or not

Yours faithfully

G Ramesh babu

17 December 2008 Notf No.2/2008-Central Excise, dated the 1st March, 2008

In the said notification, in the Table, in column (3), -

(i) for the entry “14%”, wherever it occurs except for the entry occurring against S. No. 14, 16 and 18, the entry “10%” shall be substituted;

(ii) for the entry “14% + Rs.10,000 per chassis”, wherever it occurs, the entry “10% + Rs.10,000 per chassis” shall be substituted.
Here reduced rate of duty means BASIC Ex duty.
Thanks, S. Banerjee

18 December 2008 Sir,

Thanks for reply

As per this now our Basic Excise Duty is 10% on all items insted of 14%

is this assumption is right or not

Yours faithfully

G Ramesh babu


18 December 2008 Mostly, Pl check the Notification No 59/2008-CE, dated 07-12-2008 for details.
Thanks, S. Bnaerjee



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