ready-mix concrate

[tasvir sharma]

rate of excise duty on 'RMC' and condition of cenvat credit.

Thanks 

Tasvir Sharma

[YAGAY andSUN]

Duty will be 6% and Ed Cess 2% and SHE Cess 1%

[NEERAJ KUMAR, RANCHI]

Yes, above rate is correct and without cenvat it is 2 % plus cess.

[tasvir sharma]

Dear All,

 

Thanks

 

Taasvir Sharma

 

[Dilip Darji]

Dear Sir.

The Tariff rate for Ready Mix Concrete (RMC) under Chapter Headinf 38245010 is 6 % .

However, the goods is liable to Central Excise duty only @ 2 % as per Sr. No.46 of noti.No.1/2011-Ce dt.01/03/2011, as amended vide Noti.No.16/2012-Ce dt.17/03/2012.

Regards.

DILIP DARJI.

[Mahir S]

(i) Yes, i also agree with the clarifications submitted by Dilipji.

(ii) Further, as per Notification no. 12/2012 CE dated 16.03.2012, Serial No. 144, in respect of chapter 38, the excise duty is NIL

 in following case :

144.

38

Concrete mix manufactured at the site of construction for use in construction work at such site

Nil

-

[Rajesh Sharma]

I want to know from 2008-09 onwards the rate of Central Excise duty on RMC (Ready Mix Concrete) with notification number alongwith tarrif heading. Currently the heading is 382450. As in 2008-09 the rate of duty  was changed twice. And then may be RMC was exempted from 2009-11. I request you to give all the details from 2008-09 onwards alongwith CE notification number.

With regards.

AI Summary

Excise Duty on Ready Mix Concrete: General Rate at 6%, On-Site Construction May Qualify for Nil Duty A discussion on the forum revolves around the central excise duty applicable to Ready Mix Concrete (RMC). Various participants confirm that the general duty rate is 6%, with an education cess of 2% and a secondary and higher education cess of 1%. However, without CENVAT credit, the duty is 2% plus cess. Additional insights mention that under certain conditions, such as when RMC is manufactured on-site for construction, the excise duty may be nil, as per specific notifications. A participant requests historical data on excise duty rates and relevant notifications from 2008-09 onwards.