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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