Duty rate against the tariff chapter 84 & 85 after 01.01.2015

[VASUDEV KUMBHAR]

Dear sir

Please let me know the duty rate against the tariff 84 and 85 is same as decided in union Budget i.e. 10.30% after 01.01.2015 or it may change? Because in budget key point it is specific wrote that the Excise Duty on all goods falling under Chapter 84 and 85 of the schedule to the central Excise Tariff Act is reduce from 12.36% to 10.30% for the period up to 31-12-2014.

Kindly revert back with specific notification available regarding the same.

Regards

Vasudev K. (GMP Technical Solutions Pvt. Ltd.)

[PAWAN KUMAR]

Dear Sir,

The subject relaxation was up to 31.12.2014. Now rate of duty is 12.36% on goods of chapter 84/85. No extension has granted till date by the CBEC.

[VASUDEV KUMBHAR]

Thanks You sir

[DR.MARIAPPAN GOVINDARAJAN]

Yes, no extension has been granted.

AI Summary

Excise duty rate reversion confirmed for tariff chapters 84 and 85; temporary reduction expired and normal rate restored. The temporary excise duty reduction for goods under tariff Chapters 84 and 85 expired on 31 12 2014 and was not extended; from 01 01 2015 the duty reverted to the prior rate of 12.36% and no administrative extension or notification had been issued to continue the reduced rate.