Relief in Excise Duty to Redymade Garment Industry, Handmade Carpets, Ship Building Industry Specific Duty on Cigarettes, Cigars, Etc. Increased Excise Duty on Costly Mobile Phones and SUVS also to go up

Relief in Excise Duty to Redymade Garment Industry, Handmade Carpets, Ship Building Industry Specific Duty on Cigarettes, Cigars, Etc. Increased Excise Duty on Costly Mobile Phones and SUVS also to go up https://www.taxtmi.com/news?id=4854 The budget restores a zero excise duty route for the cotton and spun yarn value chain alongside the CENVAT route, removes excise on handmade carpets and ships, raises specific duties on tobacco products and increases excise on high-value mobile phones and SUVs while retaining concessional rates for low-cost phones and taxis; marble duty is raised, silver from zinc or lead smelting is aligned with other silver duties, and branded traditional system medicaments will be MRP-assessed with an abatement. en-us Thu, 28 Feb 2013 14:25:41 +0530 Thu, 28 Feb 2013 14:25:41 +0530 TaxTMI RSS Generator Relief in Excise Duty to Redymade Garment Industry, Handmade Carpets, Ship Building Industry Specific Duty on Cigarettes, Cigars, Etc. Increased Excise Duty on Costly Mobile Phones and SUVS also to go up https://www.taxtmi.com/news?id=4854 The budget restores a zero excise duty route for the cotton and spun yarn value chain alongside the CENVAT route, removes excise on handmade carpets and ships, raises specific duties on tobacco products and increases excise on high-value mobile phones and SUVs while retaining concessional rates for low-cost phones and taxis; marble duty is raised, silver from zinc or lead smelting is aligned with other silver duties, and branded traditional system medicaments will be MRP-assessed with an abatement. News - Thu, 28 Feb 2013 14:25:41 +0530 https://www.taxtmi.com/news?id=4854