Tag: reduce ED

India: No change in Excise Duty for Steel Sectors – Budget 2014

Feb 17, 2014

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by

Manish Vasdev

in Uncategorized

Presenting the interim Budget 2014 in Parliament, the Finance Minister, P Chidambaram on Monday proposed no changes in excise duty on steel products; however slashed the excise duty from 12 % to 10 % on capital goods & consumer durables. The Finance Minister, P Chidambaram said that GDP growth has improved now and will be…