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 Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Excise Duty Exemption Clarified for Parts of Water Pumps Under Notification 64/86-CE; Retrospective Exemption Not Applicable.</h1> The circular from the Central Board of Excise & Customs addresses doubts regarding the applicability of S. No. 16 of Notification No. 64/86-CE, dated 10-2-1986, in relation to the Central Duties of Excise (Retrospective Exemption) Act, 1986. It clarifies that parts of power-driven pumps used in manufacturing pumps for handling water are exempt from excise duty under heading 84.13, while parts used for other pumps are not. The notification was amended to address Modvat issues, and the Board concludes that it does not fall under the retrospective exemption provisions.
TaxTMI 
TaxTMI 
