Candles exempted – Notification issued
After we reported yesterday that candles were exempted, a doubt has been expressed whether it was exempted by a notification or in the Finance Bill. It was indeed exempted by a notification. The Notification also exempted
S No | Product | Exemption |
|---|---|---|
1 | Scented supari, where the MRP is not more than 50 paise | Full |
2 | Scented supari, where the MRP is more than 50 paise but not more than one rupee | 8% |
3 | building bricks | Full |
4 | Manually operated rubber roller machines | Full |
5 | Manually operated copra dryers | Full |
6 | Coronary stents and coronary stent systems for use with cardiac catheders | Full |
NOTIFICATION NO. , Dated: March 20, 2006