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of <h1>Amendment to Excise Duty on Cement: Rs. 350/tonne if RSP Rs. 190/bag.</h1> Notification No. 27/2008, dated May 10, 2008, amends the earlier Notification No. 4/2006-Central Excise concerning the effective duty rate on cement. Exercising powers under the Central Excise Act, 1944, the Central Government revises the duty rates for cement. The amendment specifies that for cement not manufactured in mini plants and cleared in packaged form, if the retail sale price does not exceed Rs. 190 per 50 kg bag, the duty is Rs. 350 per tonne. If the retail price exceeds Rs. 190 per 50 kg bag, the duty is 12% of the retail price.
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