Duty rate for new cement units revised, lowering effective excise burden and expanding approving authorities. The notification amends the parent notification by substituting a lower per tonne excise duty rate for new cement units that commenced production on or after the specified date, thereby reducing the effective duty payable. It also replaces the single named approving official in the second proviso and sub clause (b) of the third proviso with a trio of designated authorities: the Development Commissioner for Cement Industry, the Director General of Technical Development in the Ministry of Industry, and the Director of Industries in the State Government.
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Duty rate for new cement units revised, lowering effective excise burden and expanding approving authorities.
The notification amends the parent notification by substituting a lower per tonne excise duty rate for new cement units that commenced production on or after the specified date, thereby reducing the effective duty payable. It also replaces the single named approving official in the second proviso and sub clause (b) of the third proviso with a trio of designated authorities: the Development Commissioner for Cement Industry, the Director General of Technical Development in the Ministry of Industry, and the Director of Industries in the State Government.
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