applicable items

This query is : Resolved

RAMESH BABU (Querist)
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17 December 2008 Sir,

In the Notification No 58/08 the items mentioned in notification no 2/08 10% is applicable
thus its meaning generla ED is 10%

it is corect or not

Yours faithfully

G Ramesh babu

S. Banerjee

S. Banerjee (Expert)
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17 December 2008 Notf No.2/2008-Central Excise, dated the 1st March, 2008

In the said notification, in the Table, in column (3), -

(i) for the entry “14%”, wherever it occurs except for the entry occurring against S. No. 14, 16 and 18, the entry “10%” shall be substituted;

(ii) for the entry “14% + Rs.10,000 per chassis”, wherever it occurs, the entry “10% + Rs.10,000 per chassis” shall be substituted.
Here reduced rate of duty means BASIC Ex duty.
Thanks, S. Banerjee

RAMESH BABU

RAMESH BABU (Querist)
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18 December 2008 Sir,

Thanks for reply

As per this now our Basic Excise Duty is 10% on all items insted of 14%

is this assumption is right or not

Yours faithfully

G Ramesh babu