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Excise duty increased

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(Querist)
26 February 2010 can any one tell from when the Excise rate changes from 8 % to 10% will come to effective?
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Rasesh

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Rasesh (Expert)
26 February 2010 From midnight. So all goods that are cleared today will be at 8% and all those goods that are cleared post midnight will be at 10%.
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Prasad R

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Prasad R (Expert)
26 February 2010 I agree the excise rate will be applicable from midnight.


Regards
Prasad R



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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
26 February 2010 Agreed , new excise rates will be applicable from midnight.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
02 March 2010 Agreed rate applicable from the midnight

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