Govt reduces excise duty, service tax by 2 percent

Posted on    24 February 2009

Government today reduced rates of excise duty and Service tax by two per cent.

The general excise duty has been reduced from 10 per cent to 8 per cent.

The rate of service tax cut from 12 per cent to 10 per cent.

Duty on bulk cement has been reduced from 10 per cent to 8 per cent.

Update : Excise duty notification  Service tax notification



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