Amendment to Notification No. 12/2012-Central Excise-Tariff, dated 17-03-2012 - Prescribes effective rate of duty on goods falling under chapter 1 to 96 - Substitution, insertion and Deletion of certain entries - 12/2015 - Central Excise - Tariff

Excise duty amendment updates tariff entries and exemptions, revising rates and adding sector specific concessional and nil entries.

Amendment to the Central Excise tariff notification extends the expiry proviso by one year and implements multiple table amendments: substitution, deletion and insertion of tariff entries and duty rates (many raised to 12.5% or given specified ad valorem/amount rates), and inserts sectoral nil or concessional entries for specified goods and inputs. The Annexure is amended to link customs exemption conditions to this exemption, to extend prescribed term lengths, and to add conditions denying exemption where CENVAT credit was taken and requiring a Ministry of New and Renewable Energy certificate for certain exemptions; List 8 item (5) is deleted.