change in the excise rate-cut

[MEHUL ASHAR]

Respected Sir,

As regarding above subject as u know that FM has announced finance budget-2014-15 on 10-07-2014 as one of my clients is manufacturing goods deriving cetsh no.68042220 then from 11-07-2014 he has to charge 12.36% or else.Please reply.

THANKING U.

AI Summary

Excise Duty Rate for Goods under Chapter Heading 68042220 Remains Unchanged Post 2014-15 Budget Announcement. A query was raised regarding the excise duty rate applicable to goods under chapter heading 68042220 following the announcement of the 2014-15 finance budget. The question was whether the excise duty rate should be 12.36% starting from July 11, 2014. A response clarified that there was no change in the excise duty for that specific chapter heading. The original inquirer expressed gratitude for resolving the confusion.