Seeks to amend notification No. 16/2010-Central Excise, dated the 27.02. 2010 for change in rate of duty in Compound Levy Scheme applicable to chewing tobacco and unmanufactured tobacco - 02/2014 - Central Excise - Tariff
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Compound Levy Scheme duty rates updated for chewing and unmanufactured tobacco, with retail price banded and formulaic monthly machine duties. Notification No.02/2014 substitutes Table 1 of Notification No.16/2010 to prescribe revised monthly duty rates per packing machine under the Compound Levy Scheme for chewing tobacco (with categorical columns for filter khaini and lime packaging variants) and unmanufactured tobacco, keyed to retail sale price bands and including linear formulae that add a multiplier times (P minus a threshold) to base rates, together with an adjusted reading for a specified column entry and illustrative computations showing the calculation method.
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Provisions expressly mentioned in the judgment/order text.
Compound Levy Scheme duty rates updated for chewing and unmanufactured tobacco, with retail price banded and formulaic monthly machine duties.
Notification No.02/2014 substitutes Table 1 of Notification No.16/2010 to prescribe revised monthly duty rates per packing machine under the Compound Levy Scheme for chewing tobacco (with categorical columns for filter khaini and lime packaging variants) and unmanufactured tobacco, keyed to retail sale price bands and including linear formulae that add a multiplier times (P minus a threshold) to base rates, together with an adjusted reading for a specified column entry and illustrative computations showing the calculation method.
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