https://www.taxtmi.com/forum/issue?id=108142 Education Cess and Secondary and Higher Education Cess on excisable goods are subsumed into Basic Excise Duty, raising the standard ad valorem Basic Excise rate from 12% to 12.5% and exempting the cesses. Immediate provisional increases affect specified beverages, cigarettes, cut tobacco, certain minerals and plastic sacks. Petroleum duties and cess structure are reworked-education cesses exempted, CENVAT and specific cess adjusted while overall incidence on petrol/diesel remains unchanged. Sectoral measures revise section 4A retail valuation for foods, extend concessional regimes, grant targeted input exemptions, and increase Clean Energy Cess. en-us Sun, 01 Mar 2015 00:09:16 +0530 Thu, 23 Jan 2025 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108142 Education Cess and Secondary and Higher Education Cess on excisable goods are subsumed into Basic Excise Duty, raising the standard ad valorem Basic Excise rate from 12% to 12.5% and exempting the cesses. Immediate provisional increases affect specified beverages, cigarettes, cut tobacco, certain minerals and plastic sacks. Petroleum duties and cess structure are reworked-education cesses exempted, CENVAT and specific cess adjusted while overall incidence on petrol/diesel remains unchanged. Sectoral measures revise section 4A retail valuation for foods, extend concessional regimes, grant targeted input exemptions, and increase Clean Energy Cess. Discussion-Forum Central Excise Sun, 01 Mar 2015 00:09:16 +0530 https://www.taxtmi.com/forum/issue?id=108142