August 10th, 2015
IMPORTANT CORRIGENDUM
Dear Members,
We draw your attention to information we have published in the May issue our monthly magazine - Printvision India's page number 13 “Don’t Miss This List”. Therein we have reproduced a list of print industry items and the respective Excise Duty rates they are assessed under.
After a process of heightened engagement with few of our members and a deeper examination that we have since undertaken, the Association seeks to remedy the Errors & Omissions that inadvertently were reported in the body of above referenced information.
A sincere apology is expressed for any confusion posed. We now take this opportunity to share with you the duly corrected information which has come into force since March 1, 2015
Team BMPA!
SL No. / ITEMS / Rate of Duty
Chapter / With
Heading / CENVAT
1 / Uncoated Paper / Board / 4 8 0 2 1 0 1 0 / 6.00
2 / Uncoated Kraft Paper / Board / 4 8 0 4 1 0 2 0 / 6.00
3 / Other Uncoated Paper /Board / 4 8 0 5 1 9 0 0 / 6.00
4 / Duplex Board (together layers of Paper/Board / 4 8 0 7 0 0 9 0 / 6.00
5 / Corrugated Paper / Board / 4 8 0 8 9 0 0 0 / 6.00
6 / Coated Paper / Board (Art/Chromo Paper/Board) / 4 8 1 0 1 3 9 0 / 6.00
7 / INKS / 3 2 1 5 1 9 9 0 / 6.00
8 / Coating / 3 2 0 9 1 0 9 0 / 6.00
9 / Alluminium Plates / 8 4 4 2 5 2 2 0 / 6.00
10 / PVC Film / 3 9 2 0 4 3 0 0 / 12.50
11 / BOPP/Matt Film / 3 9 2 0 2 0 2 0 / 12.50
12 / Carton Gluing Adhesives / 3 5 0 6 9 1 9 0 / 12.50
13 / Lamination Adhesives / 3 9 0 5 2 1 0 0 / 12.50
14 / Stamping Foil / 3 2 1 2 0 1 0 0 / 12.50
Continued…
Excisable - FINISHED PRODUCTS
ITEMS / Rate of Duty
SL No. / Chapter / With / Without
Heading / CENVAT / CENVAT
1 / Cartons/Catch Covers/Liners/Pouches / 4 8 1 9 2 0 9 0 / 12.50 / N A
Supporters/Partutuibs/DG Packs
2 / Boxes - Non Corrugated / 4 8 1 9 2 0 2 0 / 12.50 / N A
3 / Paper Bags / 4 8 1 9 4 0 0 0 / 12.50 / N A
4 / Non Corru. Record Sleeves / Pouches / 4 8 1 9 5 0 9 0 / 12.50 / N A
5 / Labels / Sticker Labels/Letter Pads / 4 8 2 1 1 0 2 0 / 12.50 / N A
6 / Paper Tags / 4 8 2 1 1 0 1 0 / 12.50 / N A
7 / Registers / A/c. Books / Diaries / Recpts / 4 8 2 0 1 0 1 0 / 12.50 / N A
8 / Exercise Books / Note Books / 4 8 2 0 2 0 0 0 / 6.00 / 2%
9 / Calenders / 4 9 1 0 0 0 1 0 / 6.00 / 2%
10 / Envelopes / 4 8 1 7 1 0 0 0 / 6.00 / 2%
11 / Letter Cards, Plain Post Cards / 4 8 1 7 2 0 0 0 / 6.00 / 2%
12 / Greeting Cards / Wedding Cards / 4 9 0 9 0 0 1 0 / 6.00 / 2%
13 / Corru. Boxes / 4 8 1 9 1 0 1 0 / 6.00 / N A
14 / Corru. Cartons / 4 8 1 9 1 0 9 0 / 6.00 / N A
15 / Paper Waste / Scrap / 4 7 0 7 9 0 0 0 / 6.00 / N A
16 / Alluminium Scrap (Used Allu. Plates) / 7 6 0 2 0 0 9 0 / 12.50 / N A
Non - Excisable Products -LISTED UNDER EXEMPTION
SL No. / ITEM / Chapter Heading / Rate % / Exemptions
1 / Booklets / Brochures / Leaflets / Pamphlets / 4 9 0 1 1 0 2 0 / NIL
Commercial Catalogues / Folders
2 / Poster / Books / Magazines/Printed Sheets-Flat / 4 9 1 1 1 0 1 0 / NIL
3 / M C Inlay Cards / 4 9 1 1 1 0 3 0
NOTE:
Sl. No.13 & 14 - Tariff Rate is 12.5 %. However, it is reduced to 6 % vide Notification No.12/2012CEdated 17-3-2012. Sl. No. 171.
Sl. No. 8 - Tariff Rate is 12.5 % . However, it is reduced to 6 % vide Notification No. 36 as amended
Sl. No. 9- Tarrif Rate is 6 % However, option available to pay 2 % without Cenvat Credit facilityvide Noti. No. 1/2011-CE as amended by Noti. No. 16/2012-CE dtd.17-03-2012. Sl. No. 70
Sl. No.12 - Tarrif Rate is 6 % However, option available to 2 % without Cenvat Credit facility videNoti. No. 1/2011-CE as amended by Noti. No. 16/2012-CE dtd. 17-03-2012. Sl. No. 69.
Sl. No.10&11 - Tariff Rate is 6 %. However option available to pay 2 % without Cenvat Credit facilityvide Noti. No. 1/2011-CE as amended by Noti. No. 16/2012-CE dtd.17-03-2012. Sl. No.65.
Sl. No.15 - Tariff Rate is 12.5 %. However, it is reduced to 6 % vide Noti. No. 12/2012-CE dated17-03-2012. Sl. No. 160
All the items at Sl. No. 1 to 3 of the exempted list, are exempted by Tariff Entry itself.