Excise duty peak rate reduction effectuated by omitting a specific tariff table entry under statutory notification. Reduces the peak rate of excise duty (Cenvat) by amending the Central Excise notification No.2/2008 so that S. No.11 and the entries relating thereto in the Table are omitted, effectuating the removal of that specific tariff entry through a formal notification under statutory authority.
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Excise duty peak rate reduction effectuated by omitting a specific tariff table entry under statutory notification.
Reduces the peak rate of excise duty (Cenvat) by amending the Central Excise notification No.2/2008 so that S. No.11 and the entries relating thereto in the Table are omitted, effectuating the removal of that specific tariff entry through a formal notification under statutory authority.
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