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Mobile Accessories turns expensive

Central Excise - By: - Pradeep Jain - Dated:- 28-3-2016 Last Replied Date:- 4-4-2016 - Introduction:- With the hype created regarding implementation of revolutionary taxation reform, i.e., GST in the financial year 2016-17, the government attempted to mentally prepare the assessees as regards substantial reduction in the exemptions available. This is reflected by the levy of excise duty on jewellery except pure silver jewellery. Furthermore, government has also withdrawn exemptions on charger/ad .....

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mobile handsets including cellular phones; Sub-parts of (a) and (b) Nil 2 Condition no. 2:- Where such use is elsewhere than in the factory of production, the exemption shall be allowed if the procedure laid down in the Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001, is followed. Glance at the amended provisions:- S.No. Chapter Heading Description of goods Rate Condition 272 85 or any other chapter Parts, components and accessories e .....

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sub heading or tariff items of first schedule Description of excisable goods Rate Conditions 263B 8504 Charger or adapter for manufacture of mobile handsets including cellular phones. 2% 2 and 16 263C 85 or any other Chapter (a) Inputs or parts for manufacture of charger or adapter of mobile handsets including cellular phones (b) Inputs or sub-parts for manufacture of parts mentioned at (a) above Nil 2 263D 8506, 8507 Battery for manufacture of mobile handsets including cellular phones 2% 2 and .....

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above Nil 2 263H 8518 Speakers for manufacture of mobile handsets including cellular phones 2% 2 and 16 263I 85 or any other Chapter (a) Inputs or parts for manufacture of speakers of mobile handsets including cellular phones (b) Inputs or sub-parts for manufacture of parts mentioned at (a) above Nil 2 For the exemption following conditions should be fulfilled:- Condition no. 2:- Where such use is elsewhere than in the factory of production, the exemption shall be allowed if the procedure laid .....

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cture of mobile handsets including cellular phones. However, concessional rate of 2% only if used by mobile handset manufacturers but this concessional rate is not applicable in case where charger/adapter, wired headsets/speakers etc. are sold in open market. Moreover, the exemption is continued on Inputs or parts for manufacture of charger or adapter, battery and wired headsets/speakers of mobile handsets including cellular phones. Furthermore, the reduced rate of 2% is applicable on accessorie .....

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