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Notification Genreal Cenvat 16% to 14%

This query is : Resolved 

01 March 2008 Confirm notifcation no on which Genreal Cenvat reduced 16% to 14%

01 March 2008 CENVAT REDUCTION FROM 16% TO 14% WAS ANNOUNCED BY THE FINANCE MINISTER ONLY ON 29 TH FEB. 08 IN THE BUDGET ANNOUNCEMENT.
THE DETAILED DEPT. NOTIFICATIONS WILL BE ISSUED BY RESPECTIVE GOVT. DEPTS. LIKE CENTRAL EXCISE ETC... DURING THE COURSE OF NEXT FEW DAYS.
NORMALLY THESE REDUCTIONS OR INCREASE IN DUTIES AND TAXES TAKE EFFECT FROM 1 ST APRIL 08 FOR THE BUDGET ANNOUNCED IN FEB. EVERY YEAR ( UNLESS THE NOTIFICATION STIPULATES OTHERWISE).
R.V.RAO
R.V.RAO

01 March 2008 NOTIFICATION WILL GET PUBLISHED IN NEXT FEW DAYS

01 March 2008 WAIT................

03 March 2008 notification has been issued on 1/3/2008


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