https://www.taxtmi.com/article/detailed?id=726 Budget amendments raise the standard central excise rate on non petroleum products, revise corresponding specific duties for cement and clinker, and increase excise on petrol and diesel as part of fiscal consolidation. The package restructures tobacco levies with new banding and compounded schemes, converts certain precious metal ad valorem duties into specific serialised rates, and prescribes targeted exemptions, reduced rates, concessional treatments and withdrawals. Uniform duty rates are introduced to replace disparate levies on product parts, simplifying the tariff structure. en-us Sat, 20 Mar 2010 00:00:00 +0530 Sat, 20 Mar 2010 11:25:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=726 Budget amendments raise the standard central excise rate on non petroleum products, revise corresponding specific duties for cement and clinker, and increase excise on petrol and diesel as part of fiscal consolidation. The package restructures tobacco levies with new banding and compounded schemes, converts certain precious metal ad valorem duties into specific serialised rates, and prescribes targeted exemptions, reduced rates, concessional treatments and withdrawals. Uniform duty rates are introduced to replace disparate levies on product parts, simplifying the tariff structure. Articles Central Excise Sat, 20 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=726