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Excise duty on marble

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This query is : Resolved

NAVNEET MANDOWARA (Querist)

03 March 2013 The effective rate of Central Excise Duty on marble slabs/tiles has been increased from Rs.30/- to Rs.60/- per Sq.Mtr. But the tariff rate of duty on marble slabs/tiles is 12%, which is called statutory duty. The effective duty can never exceed statutory duty.
Can anybody explain when discharging duty liability on marble slabs/tiles, duty can be paid @12% of assessabale value or Rs.60/- per Sq.Mtr.?

Rajeev Kumar Garg

Rajeev Kumar Garg (Expert)

07 March 2013 THE TARIFF RATE OF EXCISE IS 12% BUT DUTY EXEMPTED VIDE NOTIFICATION NO. 12/2012-CE DTD. 17.03.12 AS AMENDED FROM SO MUCH OF DUTY WHICH IS EXCESS FROM RS.30/=(OLD) OR RS. 60/=. IT MEANS, DUTY WILL BE PAID AT THAT RATE WHICH COMES LOWER. YOU ARE ABSOLUTELY CORRECT THAT EFFECTIVE DUTY CAN NEVER EXCEED THAN THE TARIFF RATE OF DUTY.
THANKS.
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402

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