TaxTMI 
TaxTMI 
WHAT IS RATE OF EXCISE DUTY ON NOTE BOOKS WITH AVAILING CENVAT CREDIT
RATE OF EXCISE DUTY
26 Feb 2014 
1 Reply 
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Excise duty exemption for notebooks confirmed, indicating no excise levy under the applicable tariff heading.
The query asked the rate of excise duty on notebooks where CENVAT credit is availed. The operative reply states that notebooks are exempt from payment of excise duty under the relevant tariff heading, identifying a classification-based exemption as determinative of duty liability. (AI Summary)
The query asked the rate of excise duty on notebooks where CENVAT credit is availed. The operative reply states that notebooks are exempt from payment of excise duty under the relevant tariff heading, identifying a classification-based exemption as determinative of duty liability. (AI Summary)
