Whether the Central Excise duty is applicable on coir products especially on Coir Mattings made upof only natural coir yarn.
central excise duty on coir mattings
Guest
Excise duty applicability on coir products affirmed under relevant tariff heading, with rates set by notification. Coir products classifiable under chapter heading 9404 are subject to central excise duty; the applicable rates and treatment are set out in the controlling entry (serial number 122) of notification no. 1/2011, requiring classification and compliance by producers and traders of coir mattings. (AI Summary)
TaxTMI
TaxTMI