What is the rate of Excise duty for notebooks? What is the CETSH No. 48201010 or 48201090? What is the Notification number vide which it is taxed at present? I've tried to get this info from several sources but not able to get the right notification. Kindly help
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Excise duty for notebooks
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The existing exemption on Notebooks & exercise note books is being withdrawn. Now they will attract 1% duty without CENVAT credit facility. The general effective rate of 5% is also being prescribed on these goods without any conditions [S.No. 97 of Notification No.4/2006- CE dated the 1st March 2006 as omitted by Notification No. 4 /2011-CE dated the 1st March 2011 read with S.No. 68 of Notification No. 1/2011-CE& S.No. 36 of Notification No. 2 /2011- CE refers
I don't get it. What is the exact CETSH No. 48201010 or 48201090? If the ED is 1% then what is the Notification Number to be entered while submitting the Returns?
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