to know the rate of duty under budget-2014

[MEHUL ASHAR]

Respected Sir,

                         As regarding above subject, I want to know rate of duty announced in the budget-2014,one of my clients is manufacturing  goods of tariff relating to the CETSH 68042220 & 68109990  s before budget it was 12 percent or it will be 10 percent after the budget announced on 17-02-2014.Please reply.

THANKING U

[Mritunjay Kumar]

It will remain same as it was before the interim budget announced on 17-02-2014. 

Regards,

[SHIVKUMAR SHARMA]

Mr.Mehul

Excise duty Rate is Changed only of Tarrif  84 & 85 in the Interim budget 2014.Hence In your case the excise tarrif rate as on today is of 12 percent only.

SHIVKUMAR SHARMA

[MEHUL ASHAR]

THANK U SIR, U SOLVED MY CONFUSION

AI Summary

Excise duty rate unchanged for specified tariff headings after interim budget; alterations limited to other tariff groups. The excise duty rate for goods under tariff headings 68042220 and 68109990 remained unchanged after the interim budget; reported duty alterations from that budget were confined to other tariff groups, so the applicable duty for the queried headings continues at the prior rate.