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

SOURCE: GOVT. OF INDIA, Ministry of Finance


About neeraj prasad

contact me on neeraj001@gmail.com if you wish to have any clarification !!
This entry was posted in Central excise/VAT. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.