TIOL-DDT 564 · Monday, 5 March 2007 · story 3 of 8
Education Cess exemption for aircrafts
By Vijay Kumar
And the other missing one was this. Aircrafts and their parts are exempted from education cess. The peak rate of duty for cotton and woven fabrics reduced from 12.5% to 10%. However there is no change in the specific rates of duty these products attract.