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TMI BlogEXCISEX X X X Extracts X X X X X X X X Extracts X X X X ..... mended so as to empower the Board for implementation of any other provision of the said Act in addition to the power to issue orders, instructions and directions. [141] 4. The Third Schedule is being amended so as to: a) make some editorial changes, consequent to 2017 Harmonized System of Nomenclature. b) include therein: All goods falling under heading 3401 and 3402; Aluminium foils of a thickness not exceeding 0.2 mm; Wrist wearable devices (commonly known as 'smart watches'); and Accessories of motor vehicle and certain other specified goods. Changes at (b) above will come into effect immediately owing to a declaration under the Provisional Collection of Taxes Act, 1931. [142(ii)] [142(i)] AMENDMENTS IN THE FIRST SCHEDULE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ever is higher 4 Cigarettes of tobacco substitutes Rs.3375 per thousand Rs.3755 per thousand 5 Cigarillos of tobacco substitutes 12.5% or Rs.3375 per thousand, whichever is higher 12.5% or Rs.3755 per thousand, whichever is higher 6 Others of tobacco substitutes 12.5% or Rs.3375 per thousand, whichever is higher 12.5% or Rs.3755 per thousand, whichever is higher 7 Gutkha, chewing tobacco (including filter khaini) and jarda scented tobacco 70% 81% 8 Unmanufactured tobacco 55% 64% 9 Paper rolled biris [whether handmade or machine made] and other biris [other than handmade biris] However, the effective rate of basic excise duty of ₹ 21 per thousand shall remain unchanged. Rs.30 per thousand Rs.80 per thou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit] or 6% [with CENVAT credit] 2% [without CENVAT credit] or 12.5% [with CENVAT credit] Footwear 7 Rubber sheets & resin rubber sheets for soles and heels 12.5% 6% 8 Increase the abatement from retail sale price (RSP) for the purposes of excise duty assessment for all categories of footwear 25% 30% Metals 9 To change excise duty structure on disposable containers made of aluminium foils. 2% [without CENVAT credit] or 6% [with CENVAT credit] 2% [without CENVAT credit] or 12.5% [with CENVAT credit] Precious metals & Jewellery 10 Refined gold bars manufactured from gold dore bar, silver dore bar, gold ore or concentrate, silver ore or concentrate, copper ore or concentrate. Prospectively, the excise duty exempt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment between the importer/producer of power and the purchaser, for the sale and purchase of electricity generated using non-conventional materials" for availing concessional customs/excise duty benefits in case of power generation project based on municipal and urban waste - - Civil Aviation 17 Aviation Turbine Fuel [ATF] other than for supply to Scheduled Commuter Airlines (SCA) from the Regional Connectivity Scheme airports 8% 14% Maintenance, repair and overhaul [MRO] of aircrafts 18 Tools and tool kits when procured by MROs for maintenance, repair, and overhauling [MRO] of aircraft subject to a certification by the Directorate General of Civil Aviation Applicable excise duty Nil 19 To simplify the procedure for availment ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctric Vehicles and Hybrid Vehicles 6% Upto 31.03.2016 6% Without time limit 27 Engine for xEV (hybrid electric vehicle) 12.5% 6% Miscellaneous 28 Excise duty on sacks and bags of all plastics is being rationalized at 15%. 12.5%/15% 15% 29 Unconditionally exempt improved cook stoves including smokeless chulhas for burning wood, agrowaste, cowdung, briquettes, and coal Nil Nil 30 Disposable sterilized dialyzer and micro barrier of artificial kidney 12.5% Nil 31 Ready Mix Concrete manufactured at the site of construction for use in construction work at such site 2% [without input tax credit] / 6% [with input tax credit] Nil 32 Parts of railway or tramway locomotives or rolling stock and railway or tramway track fi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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