Tariff Duty Rate as per new Budget

[Guest]

Res. Sir,

As per new budget what will be the new Tariff Duty Rate for Below Chapter Code.?whether included Edu. cess and H.Edu. cess will be included or not?

84137010 ?

84139120 ?

84135029 ?

85011020 ?

72044900 ?

73259910 ?

if i remove dutiable goods then what will be excise duty leviable ?

pls. provide guidance.

Regards,

Manan V Pandya

Ahmedabad.

[PAWAN KUMAR]

Dear Manan Ji,

The Education Cess @2% and Secondary and Higher Education Cess @1% has now exempted from 01.03.2015.Now the single reat is to be applied which is 12.5%.

[Guest]

thank you so much for your reply still i have doubt on Input As Such Material.

i am purchase Raw Material in Various duty Rate i.e. 10%+2%+1% / 12%+2%+1% /14%+2%+1% in such Case now We required to send back rejected material as input as such in this case in which Duty rate i have to charge ?

pls. clear this doubt.

Regards,

Manan V Pandya

Ahmedabad.

regards,

[MUKUND THAKKAR]

you have remove Input as such with 2% and 1% and excise duty rate against which you have procure.

AI Summary

New Tariff Duty Rates: Education Cess Exempt Since March 2015, 12.5% Rate Applies to Rejected Materials. A query was raised regarding the new tariff duty rates as per the budget and whether education cess and higher education cess are included. The response clarified that from March 1, 2015, the education cess and higher education cess are exempt, and a single rate of 12.5% is applicable. Further clarification was sought on the duty rate for returning rejected materials purchased at various duty rates. The response indicated that the input should be removed with the original 2% and 1% cess and the excise duty rate at which it was procured.