Central Excise Notification on Exemption of all Excisable Goods
Central Excise Notification no.12/2017 for Exemption of all excisable goods [except petroleum crude, high speed diesel, motor spirit(commonly known as petrol), natural gas, aviation turbine fuel, tobacco and tobacco products] from the whole of the duty of excise leviable thereon under the said Central Excise Act subject to the following conditions:-
- The goods should have been manufactured on or before the 30th June 2017 but not cleared from the factory of production before the 1st July 2017; and
- The appropriate central tax, State tax, Union territory tax or integrated tax, as the case maybe, shall be payable on such goods, if cleared on or after the 1st July 2017 as leviable on such goods under the Central Goods and Services Tax Act, 2017 (12 Of 2017)
NOTIFICATION
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Tag:Excisable Goods, GST