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Tariff Notification No. 12/2016 dated 01-03-2016

Central Excise - Started By: - Chirag Jain - Dated:- 1-3-2016 Last Replied Date:- 4-5-2016 - Respected Sir,We have Mfg. & Cleared goods 8413.70.10 - Submersible Pump and 8413.91.20 - Submersible Spares As per the tariff notification no. 12/2016 Sl. No. (xvi) adding serial no 235A.Please suggest from 01-03-2016 rate of duty for 8413.91.20 - Submersible Spares is 6% or 12.50%Note: We have cleared 8413.91.20 - Submersible Spares upto 29-02-2016 at 12.50% rate of duty.Best Regard,Chirag Jain - R .....

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for the purposes of RSP based assessment of excise duty. S. No. 109 of Notification No.49/2008-Central Excise (N.T.), dated 24th December, 2008 as amended vide notification No. 12/2016-Central Excise (N.T.), dated 1st March, 2016 and Clause 142 (i) of the Finance Bill, 2016 refer. The Third Schedule to the Central Excise Act, 1944 is also being amended so as to include therein these accessories. By virtue of declaration under the Provisional Collection of Taxes Act, 1931, this change will come i .....

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