NCCD

By Vijay Kumar

This is also similar to Notification No. 20/2005 discussed above. NCCD was levied at rates specified in the Seventh Schedule to the Finance Act, 2001. This schedule has been replaced by the twelfth schedule to the Finance Bill 2005, mainly to align with the 8 digit tariff. Now this exemption notification is given to give effect to the new schedule in tune with the 8 digit tariff.

3. NOTIFICATION NO. 22/2005-Central Excise, Dated: May 13, 2005