10% Excise Duty Concession to Vehicles Based on Fuel Cell Technology Basic Customs Duty on Solar Lantern Reduced to 5%

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..... 10% Excise Duty Concession to Vehicles Based on Fuel Cell Technology Basic Customs Duty on Solar Lantern Reduced to 5%
News and Press Release
Dated:- 28-2-2011

Presenting the General Bud .....

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..... get 2011-12 here today, Shri Pranab Mukherjee, Finance Minister announced that: • Full exemption from basic Customs Duty and a concessional rate of Central Excise Duty is proposed to be extende .....

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..... d to batteries imported by manufacturers of electric vehicles. • A concessional Excise Duty of 10% has also been proposed to vehicles based on fuel cell technology. • The Excise Duty on .....

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..... kits used for conversion of fossil fuel vehicles into hybrid vehicles has also been reduced. • The Excise Duty on LEDs is proposed to be reduced to 5% and special CVD being fully exempted. &b .....

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..... ull; The basic Customs Duty on solar lantern is proposed to be reduced from 10 to 5%. • Full exemption from basic Customs Duty has been proposed to crude palm stearin used in manufacturing of l .....

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..... aundry soap. • Full exemption from basic Excise Duty granted to enzyme based preparation for pre-tanning has also been proposed.
News - Press release - PIB .....

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