Seeks to further amend Notification No. 49/2008-Central Excise (N.T.), dated the 01.03.2016 so as to amend the rate of abatement from Retail Sale Price for commodities specified therein and bring certain commodities under Retail Sale Price based assessment.

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....ISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 12/2016-Central Excise (N.T) New Delhi, the 1st March, 2016 G.S.R. 243 (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 4A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Fin....

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....r serial number 87 and the entries relating thereto, the following serial number and entries shall be inserted, namely :- (1) (2) (3) (4) "87A. 8517 62 Wrist wearable devices (commonly known as smart watches) 35"; (iv) against serial numbers 108 and 109, in column (3), for the words "Parts, components and assemblies", the words "Parts, components, accessories and assemblies" shall be subs....