Taxability of excise duty on sumbersible pump

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ashish (Querist)
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29 August 2011 if a manufacturer of sumbersible pump whose turnover less than 150 lacs than also such item is taxable in excise act.

U S Sharma

U S Sharma (Expert)
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30 August 2011 submercible pumps are 8413, effective rate of duty 8% +EC+S&HEC, SSI benefit of 150 Lacs available, without input credit.

Branded goods are not covered under 150L exemption.

https://www.cbec.gov.in/excise/cx-act/notfns-2k6/cex1006.pdf

item 17

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