Govt reduces excise duty, service tax by 2 percent

Last updated: 24 February 2009 Follow on Google News

Government today reduced rates of excise duty and Service tax by two per cent.

The general excise duty has been reduced from 10 per cent to 8 per cent.

The rate of service tax cut from 12 per cent to 10 per cent.

Duty on bulk cement has been reduced from 10 per cent to 8 per cent.

Update : Excise duty notification Service tax notification

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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