TaxTMI 
TaxTMI 
We are manufacturing pharmaceutical machinery falls under chapter 84
We are charging excise duty at the rate of 12.36 percent to our customer.
After budget how much excise duty to be applicable to us.
Pl. Advice
RATE OF EXCISE DUTY
SURYAKANT MITHBAVKAR
Excise duty rate on pharmaceutical machinery altered after budget under notification, changing applicable levy effective immediately. Machinery classifiable under Chapter 84 for pharmaceutical manufacture is subject to a revised excise duty: specified items under serial number 345 of Notification No. 4-2014-CE are chargeable at the new rate of 10.30 percent. (AI Summary)
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