Indirect Taxes

This query is : Resolved 

20 February 2011 whether any other duty of excise is also leviable on ex. goods in addition to BED and SED.If not then why there is a dipute on classificaton cases as BED and SED chargeable @ 10% rate

Pls give some practical example of person engages in prodn on his own account

23 February 2011 Reasons for disputes in clssification: The majority of products are now at 10% duty. However there are still some which are fully [ clothes)or partially exempted [ exempted for research or defense use)/ lower rate [ 4% ] Also the valuationof products is based on classification and if one were to be see the transaction value route leads to lower duty than MRP based levey in most cases.


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