For Excise Duty Rate

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Dear Friends ,


 As per budget announcement, Now basic excise duty rate is 10%. (Tariff amend as per schedule Ninth Schedule) Now if Polyster is fall in Chapter 5503 but as per Schedule 9 Chapter 5508 & onward is amended for rate 10%.

 Kindly suggest me, whether rate for polyster will remain 8% or it will be 10% (Schedule 9 is attached)
 I shall be very thankful to you for reply

With Regards

Lovenish Bansal


Attached File : 42 bill99.pdf downloaded: 164 times
Replies (1)

Sir,

The duty on polyster is increased to 10%.

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