https://www.taxtmi.com/circulars?id=53236 Changes to customs and central excise law implement tariff, duty, exemption and procedural reforms effective from 28 February/1 March 2015. Customs amendments adjust BCD and SAD across sectors with targeted exemptions subject to actual user conditions and revised conditions for project relief; specific petroleum levy schedules and Clean Energy Cess are reworked. Central Excise repeals Education Cess levies on excisable goods, raises standard CENVAT from 12% to 12.5%, alters specific duties (notably tobacco, beverages and polymers), revises compounded levy factors for certain tobacco products and introduces RSP based assessments and abatement adjustments. en-us Sat, 28 Feb 2015 00:00:00 +0530 Fri, 13 Mar 2015 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53236 Changes to customs and central excise law implement tariff, duty, exemption and procedural reforms effective from 28 February/1 March 2015. Customs amendments adjust BCD and SAD across sectors with targeted exemptions subject to actual user conditions and revised conditions for project relief; specific petroleum levy schedules and Clean Energy Cess are reworked. Central Excise repeals Education Cess levies on excisable goods, raises standard CENVAT from 12% to 12.5%, alters specific duties (notably tobacco, beverages and polymers), revises compounded levy factors for certain tobacco products and introduces RSP based assessments and abatement adjustments. Circulars Central Excise Sat, 28 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53236