Central Excise Duty changes under HS Code Chapter 04 INDIAN BUDGET 2015-16


Customs duty tariff rate changes as per Indian Budget 2017-18

Central Excise Duty changes as per Indian Budget 2017-18

Service Tax rate tariff Changes under Indian Budget 2017-18


(Updating soon after Budget 2017-18 on 1st February,2017 with text format and pdf format)



The information provided here is part of Import Export Training online


Update on 29th February 2016, Budget 2016-17 changes in customs import duty tariff,excise duty and service tax

Indian Union Budget 2016-2017, changes in import customs tax tariff, chapter wise

Indian Budget 2016-17, Excise duty tariff changes, chapter wise

Changes in Service Tax as per Budget 2016-17



Central Excise Duty changes as per budget 2015-16 under HS code Chapter (ITC) 04


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FINISH3 copyAs per Indian Budget 2015-16, the following Central Excise Duty changes have been declared under import of condensed milk.

Please find below the extract of government notification:

“Excise duty of 2% without CENVAT credit or 6% with CENVAT credit is being levied on condensed milk [0402 91 10 and 0402 99 20] put up in unit containers. Notification No.1/2011-Central Excise, dated 1st March, 2011 as amended by notification No.7/2015-Central Excise dated 1st March, 2015 [new S.No.1A] and notification No.2/2011-Central Excise, dated 1st March, 2011  notification No.2 2011-Central Excise, dated 1st March, 2011.pdf    as amended by notification No.8/2015-Central Excise dated 1st March, 2015 [new S.No.1A] refer. Condensed milk [0402 91 10 and 0402 99 20] is also being notified under section 4A of the Central Excise Act for the purpose of valuation with reference to the Retail Sale Price, with an abatement of 30%. Notification No.49/2008-Central Excise (N.T.), dated 21.12.2008 as amended by notification No.3/2015-Central Excise (N.T.) dated 1st March, 2015 [new S.No.1A] refers. Condensed milk, other than put up in unit containers will continue to be exempt from excise duty. S.No.1 of notification No.12/2012-Central Excise, dated 17th March, 2012,  Notification No.12 of 2012-Central Excise, dated 17th March, 2012.pdf as amended by notification No.12/2015-Central Excise dated 1st March, 2015 refers.”


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Click below for more details: 

Indian Budget 2015-16, Import Customs Duty Changes, chapter wise 

Indian Budget 2015-16, Central Excise Duty Changes, chapter wise

Service Tax Changes as per Indian Union Budget 2015-16

Discuss your views about the above changes of Central Excise Duty for condensed milk under INDIAN BUDGET 2015-16.


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Dipang Shah: Revise Ex.duty on 8539.29.10 ?


dillip sahoo: what is the excise duty of malemine product

Anshul Agarwal : i am planning to import popcorn maize ( for human consumption) hs code : 10059000 from Argentina & Brazil and the import + custom duty on this product is about 60% if you use this product for trading means if i sell this product as it is on wholesale market , i want to know what will be the variation in excise and custom duty if this product is used as a raw material for various products like cornflakes / act 2 popcorn types sachets .i hope i have written and tried my best to explain my doubt you , if you need any thing extra to ask please feel free to reply.

Samash Sarangi: What is the basic rate of Central Excise on Industrial oil products ?

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