Excise Duty Rate after 1-3-208

Hi

I have a material ready for dispatch on 29th Feb.'08 & my customer give me the dispatch clearance on 1'st march 2008. Now at the time of dispatch What Excise duty rate I have to charge i.e. it is  @ 14%  or @ 16%.

I have taken Raw Material credit at 16% , which is used to manufacture final product. Does it any make difference while dispatching the material at lower rate of ED?

Awaiting the answer

Regards

Tarun T Patel

 

Replies (3)
If goods produced before 29th than rate applicable on 29th will be payable. even though dispatch after 29th
If billing is 2 be done on 1 march new/amended rates rates will apply,rates f exis r 2applicable from 29 feb midnight......

I WANT THE TPYES OF EXCIES DUTY RATES NOW 11-06-2009

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