1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Just a moment...
1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Press 'Enter' to add multiple search terms. Rules for Better Search
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
<h1>2013-14 Budget: Relief for Garment Industry; Excise Duty Rise on Cigarettes, SUVs; Shipbuilding Exemptions Announced.</h1> The Finance Minister announced the 2013-14 budget, providing relief to the readymade garment industry by restoring zero excise duty for the cotton and spun yarn sectors. Handmade carpets and textile floor coverings of coir or jute will also be excise duty-free. The shipbuilding industry will benefit from an excise duty exemption on ships and vessels. To increase revenue, the excise duty on cigarettes, cigars, and SUVs will rise, with SUVs registered as taxis exempt from the increase. Expensive mobile phones will face a 6% excise duty, while those under Rs. 2000 will remain at 1%. The excise duty on marble and silver has been adjusted, and MRP-based assessment will be used for branded traditional medicaments.