Rate of excise for note books

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Mohit Verma

Mohit Verma (Querist)
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01 July 2013 what is the rate of excise on note books sale in domestic???

Arun Kumar Singh

Arun Kumar Singh (Expert)
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01 July 2013 Note books and exercise books will be fall under chapter heading 4820 and duty is 2% without cenvat facility.

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CA Kapil Verma

CA Kapil Verma (Expert)
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01 July 2013 Arun can you complete the chain

1. chapter 20 was exempted by excise duty vide S. No. 22 of Notification No. 3/2006

2. The exemption is being withdrawn as S. No. 22 of Notification No. 3/2006 – C.E dated 1st March, 2006, is
being omitted by Notification No. 3 /2011-C.E dated the 1st March 2011.

and rate was 5%

but i did not find further notification trail to being duty rate 2%

Please complete.

Arun Kumar Singh

Arun Kumar Singh (Expert)
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01 July 2013 Dear Kapil Ji,
Exemption from central excise duty withdrawn vide notification no. 1/2011 Dated 1.3.2011 from SL. No. 68 chapter 4820 (note books and Exercise books) rate of duty was 1%. Rate of interest has been increase from 1% to 2% vide notification No. 16/2012 dated 17.3.2012.

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