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Amendments in Third Schedule to the Central Excise Act, 1944

In budget, 2015 there is some change in notification no 49/2008-C.E. (N.T.), dated 24-12-2008 vide notification no 3/2015-C.E. (N.T.) clause 103 of the finance Bill, 2015:-

By virtue of declaration under the Provision Collection of Taxes Act, 1931, these changes will come into force with immediate effect.

There are some addition, some changes and some entries have deleted.

(A) Addition

S.No.

Chapter Heading

Description of goods

Abatement %

1A

04029110,

04029920

Condensed milk put up in unit containers

30

16A

04029920

Extracts, essences and concentrates of tea or mate and preparations with a basis of these extracts, essences or concentrates or with a basis of tea or mate

30

25A

2202

All goods except mineral waters and aerated waters

35

(B) Changes

There are two changes in this notification. These are as under:-

1. 

Provision

S.No.

Chapter Heading

Description of goods

Abatement %

Earlier

56

64

All footwear

35

New

56

64

All footwear

25

2.

Provision

S.No.

Chapter Heading

Description of goods

Abatement %

Earlier

101

8539

All goods except lamps for automobiles

35

New

101

85 or 94

All goods “falling under heading 8539 [except lamps for automobiles],

LED lights or fixtures including LED Lamps falling under Chapter 85 or heading 9405”

35

(C) Deleted

S. Nos. 121,122,123 and 124 and the entries relating thereto shall be deleted.


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Category Excise, Other Articles by - CA. Dau Daga 



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