20 February 2011
whether any other duty of excise is also leviable on ex. goods in addition to BED and SED.If not then why there is a dipute on classificaton cases as BED and SED chargeable @ 10% rate
Pls give some practical example of person engages in prodn on his own account
23 February 2011
Reasons for disputes in clssification: The majority of products are now at 10% duty. However there are still some which are fully [ clothes)or partially exempted [ exempted for research or defense use)/ lower rate [ 4% ] Also the valuationof products is based on classification and if one were to be see the transaction value route leads to lower duty than MRP based levey in most cases.
CAclubindia
