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AMENDMENTS IN THE FIRST SCHEDULE TO THE CENTRAL EXCISE TARIFF ACT 1985

Central Excise - Started By: - Admin TMI - Dated:- 1-3-2015 Last Replied Date:- 1-3-2015 - Question - What are proposed ? - Reply By Admin TMI - The Reply = :1) Education Cess and Secondary and Higher Education Cess leviable on excisable goods are being fully exempted. Simultaneously, the standard ad valorem rate of duty of excise (i.e. CENVAT) is being increased from 12% to 12.5%.2) Duty of excise on waters, including mineral waters and aerated waters, containing added sugar or other sw .....

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b-heading 2523 29 is being increased from ₹ 900 per tonne to ₹ 1000 per tonne.6) Tariff rate of excise duty on high speed diesel (HSD) falling under tariff item 2710 19 30 is being increased from 14% + ₹ 5 per litre to 14% + ₹ 15 per litre. However, there is no change in the aggregate of various duties of excise on high speed diesel (HSD).7) Tariff rate of excise duty on sacks and bags (including cones) of plastics falling under tariff items 3923 21 00, 3923 29 10 .....

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and High Speed Diesel Oil is being increased from ₹ 2 per litre to ₹ 6 per litre only. 2. Education Cess and Secondary and Higher Education Cess, presently applicable to petroleum products, including petrol and High Speed Diesel, are being exempted.3. Rates of duty of excise (CENVAT) on Petrol and High Speed Diesel Oil (both branded and unbranded) are also being revised.4. Tables below summarizes the changes in various duties applicable to petrol and diesel: Duty rates applicable pri .....

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3% 12.62 6.62 NIL 6 NIL 12.62 Thus, the total incidence of various duties of excise on petrol and diesel remains unchanged.II. FOOD PROCESSING SECTOR:1) All goods falling under Chapter sub-heading 2101 20, including iced tea, are being notified under section 4A of the Central Excise Act for the purpose of assessment of Central Excise duty with reference to the Retail Sale Price with an abatement of 30%.2) Goods, such as lemonade and other beverages, are being notified under section 4A o .....

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AT credit or 6% with CENVAT credit is being levied on peanut butter.III. AUTOMOBILES:1) Excise duty on chassis for ambulances is being reduced from 24% to 12.5% subject to actual user condition.2) Concessional excise duty of 6% on specified goods for use in the manufacture of electrically operated vehicles and hybrid vehicles, presently available upto 31.03.2015, is being extended upto 31.03.2016.IV. HEALTH:1) Excise duty on cigarettes is being increased by 25% for cigarettes .....

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eemed production and duty payable per machine per month are being notified with reference to the speed range in which the maximum speed of a packing machine falls.V. ELECTRONICS/HARDWARE:1) Excise duty on wafers for manufacture of integrated circuit (IC) modules for smart cards is being reduced from 12% to 6%, subject to actual user condition.2) Excise duty on inputs for use in the manufacture of LED drivers and MCPCB for LED lights, fixtures and lamps, is being reduced from 12% to 6 .....

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rts for use in manufacture of parts, components and accessories are being fully exempted from excise duty, subject to actual user condition.5) Excise duty on specified raw materials [battery, titanium, palladium wire, eutectic wire, silicone resins and rubbers, solder paste, reed switch, diodes, transistors, capacitors, controllers, coils (steel), tubing (silicone)] for use in manufacture of pacemakers is being fully exempted, subject to actual user condition.6) Suitable amendment is being carri .....

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without CENVAT credit or 12.5% with credit is being prescribed for solar water heater and system.3) Excise duty on round copper wire and tin alloys for manufacture of Solar PV ribbon for manufacture of solar PV cells is being fully exempted subject to certification by Department of Electronics and Information Technology (DeitY).VII. CONSUMER GOODS1) Excise duty on leather footwear (footwear with uppers made of leather of heading 4107 or 4112 to 4114), of Retail Sale Price of more than ͅ .....

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s is being increased from 12% to 18%.VIII. SWACHH BHARAT AND ENERGY SECTOR1) The Schedule Rate of Clean Energy Cess, levied on coal, lignite and peat, is being increased from ₹ 100 per tonne to ₹ 300 per tonne. The effective rate of Clean Energy Cess is being increased from ₹ 100 per tonne to ₹ 200 per tonne. The increase in rate of Clean Energy Cess will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. 2) Ex .....

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12.5% and specific rates of Basic Excise Duty on petrol, diesel, cement, cigarettes and other tobacco products (other than biris) are being suitably changed. However, the total incidence of various duties of excise on petrol and diesel remains unchanged. Other Basic Excise Duty rates (ad valorem as well as specific) are not being changed. Education Cess and Secondary and Higher Education Cess levied on imported goods as a duty of customs, however, will continue.X. MISCELLANEOUS:1) Full exemp .....

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