Changes in Duties

[Shreepad Devale]

R/Sir

Any recent changes in duty rates in the budget 2011 - 12.

Basically I am working in food industry are their any changes - is ready to eat product charged duty in this budget, if so what are the changes. Pls provide me the notification and details.

Regards

 

S  B Devale

 

AI Summary

Duty Rates on Ready-to-Eat Products Increased from 4% to 5% in 2011-12 Budget; No Change in Peak Rate. A participant inquired about changes in duty rates in the 2011-12 budget, specifically regarding the food industry and ready-to-eat products. The response clarified that there was no change in the peak rate of duties, but items previously subject to a 4% excise duty were increased to 5%.