Change in the Excise Dute Rate In Budget

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CA. Amit Daga

Finance Controller CA. CS. CFA. CIFRS.

9017 Points Posted on 25 March 2008

Changes in Excise Duty Rates- Budget 2008
29 February 08

Changes in the central excise rate

Comparative chart showing Excise rates is available on the BCAS website.

Sr. No.	Products	Existing Rate	New Rate
1	Breakfast Cereals e.g. Corn Flakes,bulgat wheat,musli etc.	16%	8%
2	Pows,mudi & like items	16%	Nil
3	Cofee,tea pre-mixes	16%	Nil
4	Sharbats	16%	8%
5	Pan Masala(containing not more than 15% betel nut).(Subject to conditions)	37.5%	14%
6	Milk containing edible nuts with sugar or other ingredients	16%	Nil
7	Tender Coconut Water	16%	Nil
8	Non filter cigarette not exceeding 60 mm (in Rs. Per 1000)	168	819
9	Non filter cigarette 60 mm -70mm (in Rs. Per 1000)	546	1323
10	Cement cleared in bulk	Rs. 400/-per tonne	14% or Rs. 400/- per tonne whichever is higher.
11	Cement clinkers	Rs.350/-per tonne	Rs. 450/- per tonne
12	Motor Spirit (petrol)- sold as non branded	6%.a.v.plus Rs. 13 per litre	Rs. 14.35 per litre
13	High Speed Diesel – sold as non branded	6% a.v.plus Rs. 3.25 per litre	Rs. 4.60 per litre
14	Menthol and Menthol Crystals	16%	Nil
15	Extracts of glands or other organs or of their secretions	16%	8%
16	Medicaments Ch.3003 and 3004.	16%	8%
17	Wadding, bandages etc.Ch. 3005	16%	8%
18	Pharmaceuticals (other than chemical contraceptives, hormones and waste)	16%	8%
19	Anti –AIDS drugs	16%	Nil
20	Ink for writing instruments	16%	8%
21	Aseptic Bags	16%	8%
22	Heat resistant rubber tape	16%	8%
23	Veneers sheets and flush doors	16%	8%
24	Aseptic packaging Paper	16%	8%
25	Paper, paper Board etc made from pulp containing not less than 75% material other than Bamboo, Woods, reeds or rags	8%	Nil
26	Other paper, paper Board etc	12%	8%
27	Uncoated paper, Composite paper, Corrugated paper.	12%	8%
28	Open top sanitary cans	16%	8%
29	Water filtration and purification equipments	16%	8%
30	Shuttle less looms	Nil	8%
31	Composting Machine	16%	Nil
32	Packaged software	8%	12%
33	Wireless data cards	16%	Nil
34	Refrigeration equipments -2 tonne capacity	16%	Nil
35	Motor vehicles for transport of more than 13 persons	16%	12%
36	Electric Cars	8%	Nil
37	Small cars	16%	12%
38	Hybrid motor vehicles	24%	14%
39	Three wheelers for transport of not more than 7 persons	16%	12%
40	Motor cycles	16%	12%

Replies (2)

Guest

460180 Points Posted on 23 May 2008

I want to know that which tax would be applicable on steel metal components & what would be the rate.

Explain briefly.

Tania

Student

25 Points Posted on 10 January 2009

Originally posted by :C.A Amit Daga
"	Is it possible to charge 8% excise rate for centrifuge model till Oct'08?? I will be glad if you can kindly let me know. Changes in Excise Duty Rates- Budget 2008 29 February 08 Changes in the central excise rate Comparative chart showing Excise rates is available on the BCAS website. Sr. No. Products Existing Rate New Rate 1 Breakfast Cereals e.g. Corn Flakes,bulgat wheat,musli etc. 16% 8% 2 Pows,mudi & like items 16% Nil 3 Cofee,tea pre-mixes 16% Nil 4 Sharbats 16% 8% 5 Pan Masala(containing not more than 15% betel nut).(Subject to conditions) 37.5% 14% 6 Milk containing edible nuts with sugar or other ingredients 16% Nil 7 Tender Coconut Water 16% Nil 8 Non filter cigarette not exceeding 60 mm (in Rs. Per 1000) 168 819 9 Non filter cigarette 60 mm -70mm (in Rs. Per 1000) 546 1323 10 Cement cleared in bulk Rs. 400/-per tonne 14% or Rs. 400/- per tonne whichever is higher. 11 Cement clinkers Rs.350/-per tonne Rs. 450/- per tonne 12 Motor Spirit (petrol)- sold as non branded 6%.a.v.plus Rs. 13 per litre Rs. 14.35 per litre 13 High Speed Diesel – sold as non branded 6% a.v.plus Rs. 3.25 per litre Rs. 4.60 per litre 14 Menthol and Menthol Crystals 16% Nil 15 Extracts of glands or other organs or of their secretions 16% 8% 16 Medicaments Ch.3003 and 3004. 16% 8% 17 Wadding, bandages etc.Ch. 3005 16% 8% 18 Pharmaceuticals (other than chemical contraceptives, hormones and waste) 16% 8% 19 Anti –AIDS drugs 16% Nil 20 Ink for writing instruments 16% 8% 21 Aseptic Bags 16% 8% 22 Heat resistant rubber tape 16% 8% 23 Veneers sheets and flush doors 16% 8% 24 Aseptic packaging Paper 16% 8% 25 Paper, paper Board etc made from pulp containing not less than 75% material other than Bamboo, Woods, reeds or rags 8% Nil 26 Other paper, paper Board etc 12% 8% 27 Uncoated paper, Composite paper, Corrugated paper. 12% 8% 28 Open top sanitary cans 16% 8% 29 Water filtration and purification equipments 16% 8% 30 Shuttle less looms Nil 8% 31 Composting Machine 16% Nil 32 Packaged software 8% 12% 33 Wireless data cards 16% Nil 34 Refrigeration equipments -2 tonne capacity 16% Nil 35 Motor vehicles for transport of more than 13 persons 16% 12% 36 Electric Cars 8% Nil 37 Small cars 16% 12% 38 Hybrid motor vehicles 24% 14% 39 Three wheelers for transport of not more than 7 persons 16% 12% 40 Motor cycles 16% 12%	"