https://www.taxtmi.com/news?id=19 Budget 2007, effective 1 March 2007, introduces targeted central excise exemptions and changes in effective duty rates: full exemptions for specified low-priced food items, certain water treatment devices, biodiesel, memory and optical storage devices; reduced rates for specific consumer goods, textiles inputs and petroleum ad valorem components; extended R&D procurement exemptions subject to registration; revised tobacco specific rates and conditional exemption filing for small unbranded biris; and dual excise rate bands for cement tied to declared retail sale price with assessment rules for bulk and smaller pack pricing. en-us Wed, 28 Feb 2007 18:10:00 +0530 Sat, 23 Oct 2010 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19 Budget 2007, effective 1 March 2007, introduces targeted central excise exemptions and changes in effective duty rates: full exemptions for specified low-priced food items, certain water treatment devices, biodiesel, memory and optical storage devices; reduced rates for specific consumer goods, textiles inputs and petroleum ad valorem components; extended R&D procurement exemptions subject to registration; revised tobacco specific rates and conditional exemption filing for small unbranded biris; and dual excise rate bands for cement tied to declared retail sale price with assessment rules for bulk and smaller pack pricing. News - Wed, 28 Feb 2007 18:10:00 +0530 https://www.taxtmi.com/news?id=19