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1% excise duty on 130 items

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 March 2011
Dear Sir,

As we know, in finance budget 2011, 130 items were brought under the list to pay excise duty of nominal 1% of value.

This notification date is No.1/2011 of 1st March,2011.

From which date (1st march or 1st april) we have to collect and pay excise duty?

In notification, no date of applicability.

Please clarify?
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Ajay Raghatate

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Ajay Raghatate (Expert)
25 March 2011 This effected from 1st March 2011

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