- Reduction in central excise duty on latex rubber thread from 8 per cent to 4 percent; and
- Reduction in excise duty on goods covered under the Medicinal and Toilet Preparations Act from 16 per cent to 10 per cent.
- Reduction in central excise duty on corrugated boxes and cartons from 8 per cent to 4 per cent;
- Reduction in central excise duty on replaceable kits for household type water filters other than those based on RO technology to 4 per cent;
- Exempt a few more specified inputs required for the manufacture of rotor blades for wind energy generators from Central Excise duty.
- Excise duty on CFL halved to 4%
- Excise on all non smoking tobacco raised
- Excise duty on petrol and diesel raised to Rs 1/litre
- 7.5% duty on petrol and diesel restored
- 5% duty on crude petroleum restored.
Friday, February 26, 2010
TOP 10 HIGHLIGHTS OF BUDGET 2010
Posted by
Pradeep Jain
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