Seeks to supersede notification No. 49/2008-Central Excise (N.T.) dated 24.12.2008, in order to align it with the current legal position, post roll-out of GST. - 01/2022 - Central Excise - Non Tariff
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Central Excise notification sets 55% abatement on retail price for specified tobacco and gutkha products. Specifies goods under stated Fourth Schedule tariff items, including pan masala/tobacco preparations and gutkha, as subject to an abatement of 55% of the retail sale price, superseding Notification No. 49/2008-Central Excise (N.T.), with the measure framed as necessary in the public interest and coming into force the day after issuance.
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Central Excise notification sets 55% abatement on retail price for specified tobacco and gutkha products.
Specifies goods under stated Fourth Schedule tariff items, including pan masala/tobacco preparations and gutkha, as subject to an abatement of 55% of the retail sale price, superseding Notification No. 49/2008-Central Excise (N.T.), with the measure framed as necessary in the public interest and coming into force the day after issuance.
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