Central Excise taxation of Bakery products- cake & pastries.


Dated 16th November 2011

Central Excise taxation of Bakery products such as cake, pastries etc., bedevils a lot of entrepreneurs along with even those in the organized sector. Cake & pastry products are covered under chapter 19 of the central excise tariff,1985, while the basic duty is 16%, exemptions are also available(including ssi exemption) further, the valuation of many of the products are to be done on mrp basis. The tariff, mrp & exemption notifications are being attached. This will not solve all your problems but would at least set you on the right path of questioning !!!

Chapter 19
Appx 5-7
cex0306

SOURCE: GOVT. OF INDIA, Ministry of Finance

 

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About neeraj prasad

contact me on neeraj001@gmail.com if you wish to have any clarification !!
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