budget change-effective date

[felix ka]

what is the effective date of the modifications made in the chapter notes to CETA vide Union Budget 2011?

AI Summary

Clarification on Effective Date of Chapter Note Changes in CETA Post-Union Budget 2011: April 8, 2011 A discussion on the effective date of changes in chapter notes to the Central Excise Tariff Act (CETA) following the Union Budget 2011. An initial query about the effective date leads to clarifications that changes took effect on April 8, 2011. Further discussion addresses whether chapter notes resulting in excise duty levies, like defining a deemed manufacturing process, are effective from midnight due to the Provisional Collection of Taxes Act. Participants agree that such changes typically have immediate effect, applicable to both the 2011 budget and others.