https://www.taxtmi.com/news?id=678 Revision reduces primary ad valorem excise rates and lowers composite/ad hoc specific excise components for specified goods; exempts imported naphtha for power generation from basic customs duty temporarily and withdraws or reduces export duties on iron ore; expands service tax refund to include clearing and forwarding services, raises the threshold for foreign commission agent service refunds, and permits simultaneous drawback and service tax refund claims. All amendments are effected by notifications and are effective immediately. en-us Sun, 07 Dec 2008 18:36:45 +0530 Sun, 07 Dec 2008 23:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=678 Revision reduces primary ad valorem excise rates and lowers composite/ad hoc specific excise components for specified goods; exempts imported naphtha for power generation from basic customs duty temporarily and withdraws or reduces export duties on iron ore; expands service tax refund to include clearing and forwarding services, raises the threshold for foreign commission agent service refunds, and permits simultaneous drawback and service tax refund claims. All amendments are effected by notifications and are effective immediately. News - Sun, 07 Dec 2008 18:36:45 +0530 https://www.taxtmi.com/news?id=678