Certain important changes under the Central Excise

Certain important changes under the Central Excise

Certain important changes under the Central Excise related functionality incorporated in CBIC-ACES-GST Integrated Application w.e.f. JANUARY 2022:

  1. New Account Head Code, namely, “00380416” has been allotted in respect of Central Excise levy namely “Agriculture Infrastructure and Development Cess” on permanent basis by Pr.CCA, CBIC vide. O.M.dated 29.12.2021. Please see under Central Excise> e-Payment menu > List of values (LoV)
  1. New Central Excise Tariff items (CETSH) namely: 24041100 and 24041900 added under Chapter 24: Tobacco & Tobacco products. In this connection, Effective rate of duty of Basic Excise Duty (CENVAT) notified vide. Notification No. 10/2021-CE dated 29.12.2021 issued in amendment of Principal Notification No. 03/2019-CE dated 06.07.2019

Source

Also Read: Increase Basic Excise Duty on Unblended Petrol and Diesel

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