rate of duty according to the budget 2016-17
MEHUL ASHAR
Respected sir, As regarding above subject, as u know that the budget is announced by the FM now the query is that is there any change of duty rate on cetsh no.68042220 & 68109990 as till 28-2-16 it was 12.5% so from 01-03-16 it will be same or something else please replyFromMehul
No Change in Duty Rate for Central Excise Tariff Items 68042220 and 68109990 After 2016-17 Budget Announcement. A participant in a discussion forum inquired about potential changes in the duty rate for specific Central Excise tariff items (68042220 and 68109990) following the 2016-17 budget announcement. The duty rate as of February 28, 2016, was 12.5%. A respondent confirmed that there were no changes in the duty rate for Chapter 68 of Central Excise. The original inquirer expressed gratitude for the clarification. (AI Summary)