Central excise tariff amendment updates effective rates and clarifies the definition of electronic machines for classification. Government amends a prior Central Excise notification by substituting a revised tariff table setting effective excise rates (ad valorem, nil, or specific per unit) for enumerated goods including lubricating preparations, ion exchangers, jute sacks, stone and cement articles, bedding and furnishings, electronic gaming machines, and certain stationery. It also substitutes an Explanation defining 'Electronic machines' as apparatus containing thermionic valves, transistors or similar semiconductor devices, light emitting diodes, electronic microcircuits, or capacitors other than paper capacitors.
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Central excise tariff amendment updates effective rates and clarifies the definition of electronic machines for classification.
Government amends a prior Central Excise notification by substituting a revised tariff table setting effective excise rates (ad valorem, nil, or specific per unit) for enumerated goods including lubricating preparations, ion exchangers, jute sacks, stone and cement articles, bedding and furnishings, electronic gaming machines, and certain stationery. It also substitutes an Explanation defining "Electronic machines" as apparatus containing thermionic valves, transistors or similar semiconductor devices, light emitting diodes, electronic microcircuits, or capacitors other than paper capacitors.
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