TaxTMI 
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 on Pharmaceutical Machinery Revised to 10.30% Under Notification No. 4-2014-CE, Serial No. 345 A query was raised regarding the applicable rate of excise duty for pharmaceutical machinery, which falls under chapter 84. Initially, a rate of 12.36 percent was being charged. Following a budget update, the applicable excise duty rate was clarified to be 10.30 percent for specified items under serial number 345 of Notification No. 4-2014-CE, as per the Central Excise Tariff Act, 1985. (AI Summary)