https://www.taxtmi.com/article/detailed?id=1632 Proposals institute excise duty harmonization via a simplified common registration and one page common return (EST-1) and a Study Team to examine a unified tax code. The Budget recalibrates excise rates-raising standard and merit rates for non petroleum goods while granting reduced rates or concessions for processed food, soya products, iodine, LED lamps, electric/hybrid vehicle parts and batteries, and select green technologies-and implements targeted exemptions for specified life saving drugs, cold chain equipment, and other sectoral supports. en-us Fri, 16 Mar 2012 17:59:12 +0530 Fri, 16 Mar 2012 17:59:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1632 Proposals institute excise duty harmonization via a simplified common registration and one page common return (EST-1) and a Study Team to examine a unified tax code. The Budget recalibrates excise rates-raising standard and merit rates for non petroleum goods while granting reduced rates or concessions for processed food, soya products, iodine, LED lamps, electric/hybrid vehicle parts and batteries, and select green technologies-and implements targeted exemptions for specified life saving drugs, cold chain equipment, and other sectoral supports. Articles Central Excise Fri, 16 Mar 2012 17:59:12 +0530 https://www.taxtmi.com/article/detailed?id=1632