Disks, Tapes etc, exempted from Excise – DDT's Blunder
WHILE reporting Notification No. , Dated: September 28, 2010 in DDT 1456 - 30.09.2010, it was stated, “The Government has exempted Discs, tapes, solid state non volatile storage devices, smart cards etc, fitted inside the CPU of a computer from the whole of the excise duty ....”
This was patently wrong. What was exempted was Microprocessor, Floppy Drive CD Drive etc, and did not certainly include smart cards; further the requirement was that they should be meant for fitment inside the CPU and not fitted inside as reported by DDT.
This was pointed out by an alert Netizen. DDT deeply regrets the lapse and apologises for the same while profusely thanking the concerned Netizen for pointing out the lapse. There is no excuse for the lapse and all that we can say is SORRY.