TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 115 of Finance Act 1992: 15% Special Excise Duty on Goods, No Exemptions or Credits for Raw Material Duties.</h1> Section 115 of the Finance Act, 1992, mandates a special excise duty of 15% on goods subject to excise duty under the Central Excises Act, excluding exemptions or credits for excise duty or additional customs duty already paid on raw materials. This special duty is additional to any existing excise duties. The provision was effective until March 31, 1993, after which it ceased, with the General Clauses Act, 1897, applying as if repealed. The Central Excises Act's provisions, including those on refunds and exemptions, apply to this special duty as they do to regular excise duties.
TaxTMI 
TaxTMI 
