Excise querry

No need to write notification No. its amended in general Budget on 17-3-2012 @ 12% basic excise duty.

Hey Rishwa,

In the union budget 2012-13 it was amended that all the metal scrap will fall under OGL (open general gategory) and the flat rate of 12.36% excise (i.e. 12% excise + 2% edu cess + 1% hcess) will be applicable. prior to that the notification no. 21/2002 - serial no. 200 was applicable.

Thank you.

thnx 4 rplying