Major proposals about Central Excise duty are the following:
A. General CENVAT Rate for non-petroleum goods:
The standard rate of excise duty of 8% on non-petroleum products is being increased to 10% with a few exceptions where exemptions/concessions have been given.
B. CEMENT
Consequent to enhancement of the standard rate of duty from 8% to 10%, the specific rates of duty on cement and cement clinker is also being revised upwards as follows:
