https://www.taxtmi.com/news?id=17375 Proposals reduce customs and excise duties to incentivize domestic manufacturing under the Make in India initiative for machinery and components used in renewable energy systems (including demonstration fuel-based systems, biogas/biomethane/byproduct hydrogen systems, and LED fixtures) and to zero-rate certain items for cashless transaction device manufacture; separate proposals reduce duties on selected inputs and raw materials to encourage value addition, while increases in excise duties and additional levies on tobacco products are also proposed. en-us Wed, 01 Feb 2017 14:02:47 +0530 Wed, 01 Feb 2017 14:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17375 Proposals reduce customs and excise duties to incentivize domestic manufacturing under the Make in India initiative for machinery and components used in renewable energy systems (including demonstration fuel-based systems, biogas/biomethane/byproduct hydrogen systems, and LED fixtures) and to zero-rate certain items for cashless transaction device manufacture; separate proposals reduce duties on selected inputs and raw materials to encourage value addition, while increases in excise duties and additional levies on tobacco products are also proposed. News - Wed, 01 Feb 2017 14:02:47 +0530 https://www.taxtmi.com/news?id=17375