Government Revises the Capacity of Production and Consequent Increases the Duty on Pan Masala and Tobacco Products Including, Gutka, Chewing Tobacco, and Filter Khani etc ; Imposes 5% Export Duty On Iron ore Pellets

Government Revises the Capacity of Production and Consequent Increases the Duty on Pan Masala and Tobacco Products Including, Gutka, Chewing Tobacco, and Filter Khani etc ; Imposes 5% Export Duty On Iron ore Pellets https://www.taxtmi.com/news?id=12304 Revision of production capacity based on packing machine speeds increases excise liability under the compounded levy scheme for pan masala and tobacco products packed in pouches; Central Excise notifications amend deemed production metrics and specify payable duty. Separately, an export duty on iron ore pellets has been imposed by Customs notification to address sharp export growth and protect domestic iron ore supply. en-us Tue, 28 Jan 2014 10:39:34 +0530 Tue, 28 Jan 2014 12:25:00 +0530 TaxTMI RSS Generator Government Revises the Capacity of Production and Consequent Increases the Duty on Pan Masala and Tobacco Products Including, Gutka, Chewing Tobacco, and Filter Khani etc ; Imposes 5% Export Duty On Iron ore Pellets https://www.taxtmi.com/news?id=12304 Revision of production capacity based on packing machine speeds increases excise liability under the compounded levy scheme for pan masala and tobacco products packed in pouches; Central Excise notifications amend deemed production metrics and specify payable duty. Separately, an export duty on iron ore pellets has been imposed by Customs notification to address sharp export growth and protect domestic iron ore supply. News - Tue, 28 Jan 2014 10:39:34 +0530 https://www.taxtmi.com/news?id=12304