EXCISE DUTY
- No change in general CENVAT rates.
- Basic exemption limit for SSI raised from 1 Crore to 1.5 Crore.
- Water purification devices, Bio-diesel, Water Carrying pipes with diameter exceeding 200 mm to be fully exempted from duty.
- Duty on cement costing more than Rs. 190/- per bag increased from Rs. 400 per metric tonne to Rs. 600 per metric tonne.
- Additional duty raised by 5% on cigarette.
- Petrol and Diesel - Existing Rate 8%, New Rate 6%.
- Footwear and Umbrella - Existing Rate 16%, New Rate 8%.
- Plywood - Existing Rate 16%, New Rate 8%.
- Pan Masala not containing Tobacco - Existing Rate 66%, New Rate 45%.
- Cement costing less than Rs. 190/- per bag - Existing Rate 400 per mt, New Rate 350 per mt.
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