TMI Blogexcise duty for chapter 8424X X X X Extracts X X X X X X X X Extracts X X X X ..... excise duty for chapter 8424 X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 has been changed to 12.5%.Kindly confirm and whether Educational Cess 2% and High Educational Cess 1% is still applcable. Regards Seby Reply By PAWAN KUMAR: The Reply: Dear Sir, The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rate is only 12.5%. The Education Cess @2% and Secondary and Higher Education Cess @1% has now exempted on all excisable goods from 01.03.2015. Please refer Notification No.14/201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4-C.E. and 15/2014-C.E. dated 01.03.2015. Reply By Rajagopalan Ranganathan: The Reply: Sir, Budget 2015 has subsumed Educational Cess and Secondary and Higher Educational cess in the Central Excise ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... duty. From 1.3.2015 CENVAT duty payable on all excisable=le goods is 12.5% and payment of Educational Cess and Secondary and higher educational cess are exempt under Notifications No. 14 and 15 of 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15-CE dated 1.3.2015. X X X X Extracts X X X X X X X X Extracts X X X X
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