WhatsApp)
In the Pakistan government's FY10 budget, FED on cement was reduced from PKR900/t to PKR700/t, as the government sought to boost the construction sector by lowering the price of cement. However, FBR's current proposal will take the FED back to the PKR900/t. This is expected to increase the price of cement by PKR10/bag.

Feb 08, 2010· Introduce abatement on excise duty and simplify duty structure . As against the complex excise structure currently prevailing (see table current duty structure), the cement industry desires a uniform rate of excise duty to be levied on cement. Besides, the industry also expects an abatement of 55% for cement in line with the suggestion made by ...

Central Excise Duty On Manganese Ore Crushing. Iron Ore Royalty And Excise Duty. Excise duty on iron ore CAclubindia. 23-8-2011 25 August 2011 Iunderstand that it will be charged as per the tariff rate but as per 42006 iron ore is exmpted from excise duty so please tell me wheather there is any excise duty on iron ore .

Sagar Cement EPS has decreased to Rs. 3.91 in March 2020 from Rs. 8.28 in March 2019. Sagar Cement shares closed at 293.95 on June 01, 2020 (NSE) and has given .

Union Budget 2012- 13 . Central Excise – Proposals relating to Customs and Central excise are estimated to result in a net revenue gain of Rs. 27,280 crore for a full year. The Finance Minister Mr Pranab Mukherjee pronounced that various alignments has been made so as to bring harmonization between Central Excise and Service Tax.

Packaged cement, whether manufactured by mini-cement plants or others, attracts differential excise duty depending on the Retail Sale Price per bag. It is proposed to prescribe a unified rate of 12 per cent + Rs 120 (US$ 2.15) PMT for non-mini cement plants and 6 per cent + Rs 120 (US$ 2.15) PMT for mini-cement plants.

Creating Stock Item Finished Goods (Valorem + Quantum) As per the Budget 2011 the New Duty Rates have been for announced for mini Cement Plants/ Cement Plants/Cement Clinker where the Duty to be calculated on Ad Valorem @ 10% + Fixed Amount per MT.. In Tally.ERP 9 Release 3.3, support to calculate Duty on Ad Valorem and Fixed Rate is provided.. To create a Stock Item – Finished Goods,

In Budget 2012-13, the graded excise duty structure, based on retail selling price slabs applicable to cement manufactured and cleared in packaged form, has been removed for mini cement plants as well as non-mini cement plants. As per the proposal, excise duty on cement cleared from mini cement plants in packaged form will be 6% along with ...

Rediff » Business » 'Rationalise excise duty on cement' ... in the Budget for 2010-11 had exempted all the Plant, Machinery, Equipment etc. required for setting up of a Solar Power Plant ...

Feb 26, 2016· The cement industry expects the government to reduce and simplify the tax structure. Currently, excise duty is levied in the form of 12 per cent ad valorem and ₹120-a-tonne specific.

Feb 01, 2020· Budget 2020: Smokers to pay more on cigarettes, excise duty hiked on tobacco Price of cigarettes will go up by 6-7% in case of lower priced packs where the stick size is small and has borne the maximum increase in duties, while for the larger size sticks and premium packs the price hike will be .

India: The Indian Cement Manufacturers' Association (CMA) has demanded a reduction in the excise duty for building materials from 12% to 6-8% in the next Indian Union Budget. "To encourage cement industry and to bring it at par with other core and infrastructure industries, the excise duty rate be rationalised from 12% to 6-8%," said the CMA in a budget memorandum to the Finance Ministry.

During the budget announcement for fiscal year 2019-20, multiple tax slabs were introduced and cars of engine capacity ranging from 0 to 1,000cc were proposed to be taxed at 2.5%, cars from 1 ...

Jan 29, 2015· I have a small query in relation to excise duty on power generation. A company has a cement manufacturing plant. It has also established a 25MW power generation plant for captive consumption of power to be used in cement manufacture. However, current requirement of power for cement manufacture is only 15MW.

Jun 12, 2020· He noted that the government has also reduced federal excise duty on cement from Rs2 per kg to Rs1.75 per kg, which will reduce the price of cement and boost construction activities. He also appreciated the government decision to not impose any additional taxes in the budget.

Mar 14, 2012· Budget 2012: Cement - Cut excise incidence. Duty rates on Cement are one of the highest and next only to luxury goods such as cars. Other core industries such as coal steel attract duty .

The MP was of a view that the Ministry of Trade and Industry will shed more light on commencement of the digital stamps for cement and sugar when it presents its budget estimates for financial ...

Central Excise Tax for wheat gluten, malt, starches etc. as per Indian Budget Budget 2019-2020, Customs duty changes on products - chapterwise After demonetization and before introduction of GST in India, the Budget 2017-18 is being presented on 1 st February, 2017 by union government.

Central Excise duty charges for articles of plaster or items based on plaster as per recent India Budget. Government Excise tax expenses to import items of mixtures, fabricated asbestos fibres. Excise tax charges for art based & friction material on mineral substance as per Budget 2017-18. Central Excise tax charges for articles of cement ...

Cement: 3.6 The rate structure applicable to Portland cement falling under heading no.252329 has been revised. Both for packaged cement manufactured by mini-cement plants as well as non-mini cement plants, there were differential rates of duty depending on the Retail Sale Price (RSP) per bag of .

Corresponding changes have been made to increase the rates of duty applicable to cement manufactured by mini-cement plants too. The details are available in notification 0/2010-Central Excise dated 27.2.2010. 3.3 Excise duty on cement clinker has been increased from Rs.300 per metric tonne to Rs.375 per metric tonne.

KARACHI: The government nets up to Rs95 on a 50kg cement bag on account of 5 per cent Federal Excise Duty (FED) and 17pc General Sales Tax (GST) at maximum retail price.

Jul 17, 2020· "Cement demand will be robust post-COVID" Mapleleaf Cement is a fast-growing cement company in an expanding... BR100 3,826 Increased By 36 (0.96%) BR30 19,614 Increased By .

To encourage cement industry and bring it at par with other core and infrastructure industries, the excise duty rate be rationalized from 10 per cent to 6-8 per cent.
WhatsApp)