Applicability of budget

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Querist : Anonymous (Querist)
08 June 2012 Suppose finance minister presented budget on 28/2/2012. Rate of excise duty changed from 8% to 10%. This change will be effective from 1/3/2012. What is the reason for that? kindly explain

08 June 2012 Generally it is supported by the Notification issued by CBEC giving immediate effect to the amendment proposed


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