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Issue ID: 107043
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EXCISE RATE ON CAPITAL GOODS

Date 17 Jul 2014
Replies 4 Replies
Views 2095 Views
Asked by
Excise rate on capital goods applies with specified education and higher cesses for tariff headings 84 and 85 until 2014.
Excise rate on capital goods applies with a basic duty and accompanying education and secondary/higher education cesses to goods under tariff headings 84 and 85 for a limited period; eligibility is governed by specific tariff entries and amending notifications (No.12/2012-C.E. and No.04/2014-C.E.D.), and not all capital goods qualify for the concessional treatment. (AI Summary)

What is the excise rate on capital goods?????

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