about notifcation of selling excisable goods.
Respected sir,
Till 16-03-12 we mentioned the noti. no. 02/2008 in the excisable invoice to sale, there is any change in the notifcation of it.
Clarification on Excise Duty Notifications: Transition from 02/2008 to 05/2012-CE with Rate Change from 10% to 12%. A participant inquired about changes in the notification number for selling excisable goods, previously using notification no. 02/2008. A company representative clarified that the correct notification was 06/2010, and due to the 2012 Budget, the new applicable notification is 05/2012-CE, reflecting an excise duty rate change from 10% to 12%. Another respondent noted that notification no. 02/2008 was rescinded by 17/2012-CE, with the new effective rate under notification no. 12/2012-CE. A third respondent requested the chapter subheading of the product to provide further guidance. (AI Summary)
Central Excise