CBEC introduces optional compounded levy scheme on pan masala (21069020, 24039990)

Amendments in NTF. NO. 64/95-CE, DT. 16/03/1995 (Fuels falling under Chapter Heading 2710)

Exempts excisable goods - Agricultural grade zinc sulphate (283329)

Exempts excisable goods - Brooms, consisting of twigs or other vegetable materials (96031000)

Exempts excisable goods - 30059040 & 30059090 Plaster of paris (pharmaceutical grade)

Amendments in NTF. NO. 03/2006-CE, DT. 01/03/2006 - ad valorem rates - Brand Name

Conditionally exempts internal combustion engines falling under Chapter 84 of the Schedule to the CETA, 1985 (5 of 1986) and manufactured by KAMCO

Addition of tariff (852352 - Recorded smart cards & 85235910 - Recorded proximity cards and tags)

Excise exemption granted to goods supplied to Long Range Surface to Air Missile Programme

EOU/EHTP/STP Units-Goods Manuf. and Packaging or Job Work for Export and Excise Exemption on Goods Cleared to DTA for Export

Govt exempts flavoured milk of animal origin, jute twin and solid state non-volatile storage devices from excise duty

Govt extends excise refund benefits for cement used in construction of houses for tsunami victims till 31/03/2008

Foreign Trade Policy changes notified - Net Foreign Exchange Earnings

Rescinds the NTF. NO. 18/2007-CE, DT. 01/03/2007

Exemption granted to aircraft import for flying club and charterers

12% ad valorem rate introduced on cement with MRP of Rs 190 per bag

Soyabari and ready-to-use food items exempted from excise duty & Biscuits with MRP of Rs 100 per kg exempted

Government introduces scheme for refund of unutilised CENVAT credit for new units in North Eastern States

Government introduces scheme for refund of unutilised CENVAT credit for new units in North Eastern States

Parts (other than rubber tyres and tubes), of aircraft of heading 8802 (Any Chapter)

Salient features of changes in excise and customs duties

UNION BUDGET 2007-2008

Exempts all goods specified in the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) from so much of the Education Cess leviable thereon

Govt. specifies the excisable goods that is stainless steel pattis/pattas (Chp. 72) or aluminium circles (Chp 76)

Goods Supplied to Specified Institution - Research institution, other than a hospital

Specified Goods for Defence, Navy (satellite projects)

Period not exceeding ten years from the date of commencement of commercial production (M/s Brahmaputra Cracker and Polymer Limited)

Apply to the goods in respect of which credit of duty on inputs has been taken under the provisions of the CENVAT Credit Rules, 2002

Regarding - Ad valorem Rates - NTF. NO. 29/2004-CE, DT. 09/07/2004

Goods cleared on or before 28/02/2007 and in respect of which the exemption has already been availed of, the conditions

Advalorem - 96032100 (Toothbrushes) - Omitted

Rate of additional duty of excise at 21069020 Pan masala (not containing tobacco) - 6%

Value of clearances - First clearances up to an aggregate value not exceeding one hundred and fifty lakh rupees made on or after the 1st day of April in any financial year

Exempts milk products - addition of 19019090 Preparations for infant use, put up in unit containers

Amendment regarding - Exempts excisable goods (ad valorem rates)

Amendments regarding - Ad valorem rates (NTF. NO. 05/2006-CE, DT. 01/03/2006)

Amendments regarding - Ad valorem rates (NTF. NO. 04/2006-CE, DT. 01/03/2006)

Ad valorem rates - Brand Name (NTF. NO. 03/2006-CE, DT. 01/03/2006)

Rescind - NTF. NO. 58/03-CE, DT. 22/07/03 (SEZ ) & NTF. NO. 146/89-CE, DT. 19/05/1989 (Gem and jewellery units set up in SEEPZ )

Amendments in the NTF. NO. 22/2003-CE, DT. 31/03/2003 - Imports by EOU STP EHTP