Reduction of prices on solar water heater and system,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 Online Training Course on howtoexportimport

 

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

 




Import Central excise duty favored as per budget 2015-16 for solar water heater and system under HS code Chapter 84

 


Reduction of prices on solar water heater and system,Indian Budget 2015-16As per Indian Budget 2015-16, the following excise import duty reduction have been declared under import of solar water heater and system.


1.“Excise duty exemption is being withdrawn on solar water heater and system. Item-5 of List-8 of notification No.12/2012-Central Excise, dated 17th March, 2012 as omitted vide notification No.12/2015-Central Excise dated 1st March, 2015. Further, optional excise duty of Nil without CENVAT credit / 12.5% with CENVAT credit is being extended to solar water heater and system. 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 Central excise Notification No. 12 of 2015-CE, dt. 01-03-2015.pdf  [new S. No. 238A] and Clause 104 of the Finance Bill, 2015 refer.”

2.“Excise duty exemption on parts for use in manufacture of solar water heater and system is being continued, subject to actual user condition. Notification No.12/2012-Central Excise, dated 17th March, 2012 Notification No.12 of 2012-Central Excise, dated 17th March, 2012.pdf as amended vide notification No.12/2015-Central Excise dated 1st March, 2015 Central excise Notification No. 12 of 2015-CE, dt. 01-03-2015.pdf  [new S. No. 238B] 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

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