In exercise of the powers conferred by clauses (i) and (ii) of section 133 of the Finance Act, 2002 (20 of 2002), the Central Government hereby further amends the notification of the Government of India in the Ministry of Financ
The principal notification No. 58/2003-CENTRAL EXCISE, dated the 22nd July, 2003, was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide G.S.R 575 ( E), dated the 22nd July, 2003 and was last amended by notification No.81/2 003-Central Excise, dated the 31st December, 2003 [G.S.R.983 (E), dated the 31st December, 2003.
The following changes have been made in the rates of customs and central excise duties on iron and steel and coal: (i) Excise duty on all iron and steel falling under chapter 72 has been reduced from 16% to 8%;
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 6/2002-Central Excise, dated the 1st March, 2002 [G.S.R. 127 (E), dated the 1st March, 2002] and was last amended by notification No. 13/2004-Central Excise, dated the 6th February, 2004 [G.S.R. 102(E) dated the 6th February, 2004.