TMI BlogGovernment of India makes changes in indirect tax rates, effective from todayX X X X Extracts X X X X X X X X Extracts X X X X ..... Government of India makes changes in indirect tax rates, effective from today - News and Press Release Dated:- 19-10-2015 - News - Government has made the following changes in indirect tax rates, e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffective from today, that is 19th October, 2015: 1) In view of the continued fall in international prices of wheat and the anticipated adverse impact of increased imports during the first half of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his financial year, basic customs duty on wheat has been increased from 10% to 25% for a period upto 31.03.2016. Notification No.51/2015-Customs, dated 19.10.2015 may be referred to in this regard. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2) Specified biodiesel is exempt from central excise duty. However, its inputs namely, RBD Palm Stearin, Methanol and Sodium Methoxide are chargeable to central excise duty leading to CENVAT credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... accumulation. Central excise duty has been exempted on RBD Palm Stearin, Methanol and Sodium Methoxide used in the manufacture of such biodiesel subject to actual user condition for a period upto 31. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 03.2016. Notification No.42/2015-Central Excise, dated 19.10.2015 may be referred to in this regard. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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