Seeks to amend Notification No. 12/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes. - 12/2016 - Central Excise - Tariff

Amendment to central excise notification updates tariff entries and duty rates, expanding exemptions and concessional duties.

Amendment to notification No. 12/2012 revises the Central Excise Table and Lists by substituting, inserting and omitting serial entries and tariff descriptions to effect budgetary changes: it prescribes concessional rates for micronutrients, nil duty for certain fertilizer mixtures supplied by registered co operative societies and for ready mix concrete manufactured at construction sites, adjusts duty percentages for specified precious metal and other goods, and adds industry specific entries for lithium ion batteries, mobile handset components, ship repair inputs, rotor blade inputs and related inputs listed in a new List 9A.