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Indian budget accelerates the pace towards GSTMar 21 2012· So also exemption from BCD has been proposed on natural gas LNG uranium used for power generation Further there are proposals for complete exemption from BCD on parts of aircraft and testing equipment imported for maintenance and repair of aircraft and on coal mining projects
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Indian budget accelerates the pace towards GSTMar 21 2012· Given the need for fiscal consolidation the standard rate of Central Excise Duty CED on nonpetroleum products and the service tax rate are increased from 10 to 12 Consequently the merit rate of CED is increased from 5 to 6 and the 1 merit rate of CED imposed in the last budget for the first time on 130 items has also been increased to 2
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PAKISTAN BUDGET CHEMISTRY 2016178 Exemption to Dump Trucks for Thar Coal Field Exemption to coal mining machinery equipment spares etc for Thar Coal Field as provided in the Sixth Schedule to the Sales Tax Act 1990 includes vehicles for site use ie single or double cabin pickups Dump trucks although being vehicles for site use are not covered under the said
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