we charged Excise Duty for the products falling under CETSH - 84483100,84484920, and 84483220 @12% till march2014, From 1st April'2014 we charged Excise 10% as per notification No.04/2014 till today. My question is that
1)whether i will continue to charge @10% from 1st jan'2015.
2) If the rate has been changed then from which date it will be effect.
Excise Duty Rate Adjustment: 12.36% Applicable from Jan 1, 2015, for Chapter 84 Products as per Notification No. 04/2014. A discussion on a forum addressed the excise duty rates for products under specific Central Excise Tariff Sub-Headings (CETSH). Initially, a 12% duty was charged until March 2014, which was then reduced to 10% from April 2014, following Notification No. 04/2014. The query sought clarification on whether to continue charging 10% from January 1, 2015. Two respondents confirmed that from January 1, 2015, the excise duty rate, inclusive of cess, should be 12.36% for the specified chapter sub-headings under Chapter 84. (AI Summary)
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