Thursday, December 15, 2016

Point of Sale (POS) Devices exempted from Excise till 31.03.2017

Two new Sl. No. 256A and 256B has now been inserted in Notification No. 12/2012-C.E. dated 17.03.2012 providing unconditional exemption to the Point of Sale (POS) Devices till 31.03.2017. Sl. No. 256B further exempts goods required for the manufacture of the Point of Sale (POS) Devices provided Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001, is followed.
Notification No. 35/2016-C.E. dated 28.11.2016

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