Amendments in Notification No. 49/2008 - Central Excise(N.T.), dated 24-12-2008 - MRP based duty of Excise - Prescribes rate of abatement - Insertion of certain serial numbers and entries - 03/2015 - Central Excise - Non Tariff
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MRP based excise duty: notification amends tariff entries, abatement rates and deletes certain table serials under excise law. Amendment to the MRP-based excise duty schedule updates Notification No. 49/2008 by inserting new tariff entries and abatement rates for condensed milk, tea extracts and certain beverages, substituting specified table entries and descriptions, and deleting four serial numbers; enacted under section 4A(1) and (2) of the Central Excise Act to adjust abatement rates and tariff classifications for MRP-based excise assessment.
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Provisions expressly mentioned in the judgment/order text.
MRP based excise duty: notification amends tariff entries, abatement rates and deletes certain table serials under excise law.
Amendment to the MRP-based excise duty schedule updates Notification No. 49/2008 by inserting new tariff entries and abatement rates for condensed milk, tea extracts and certain beverages, substituting specified table entries and descriptions, and deleting four serial numbers; enacted under section 4A(1) and (2) of the Central Excise Act to adjust abatement rates and tariff classifications for MRP-based excise assessment.
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