TaxTMI 
TaxTMI 
Government hikes excise duty in CHAPTER 87 - Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
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....E DT. 13/06/2008 G.S.R. (E).- Whereas the Central Government is satisfied that the duty of excise [called the Central Value Added Tax (CENVAT)] leviable on motor vehicles and motor cars falling under tariff item Nos. 87021011, 87021012, 87021019, 87029011, 87029012, 87029019, 87032310, 87032391, 87032392, 87032399, 87032410, 87032491, 87032492, 87032499, 87033210, 87033291, 87033292, 87033299, ....
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....012 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (iii) against tariff item No. 87021019 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (iv) against tariff item No. 87029011 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" ....
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....iff item No. 87032399 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (xi) against tariff item No. 87032410 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (xii) against tariff item No. 87032491 occurring in column (2), for the entry in column (4), the entry "24% + Rs....
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....uted; (xviii) against tariff item No. 87033299 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (xix) against tariff item No. 87033310 occurring in column (2), for the entry in column (4), the entry "24% + Rs.20,000 per unit" shall be substituted; (xx) against tariff item No. 87033391 occurring in column (2), for the entry in colum....