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NEW
DELHI: The government has announcement abatement of the rate
of central excise on several items related to computers and
televisions between 22 to 25 per cent.
The
two notifications prescribing applicable rate of abatements
for the purpose of payment of central excise duty on the basis
of retail sale price announced by the Central Board of Excise
and Customs are to come into effect from tomorrow, 25 January.
While
the Central Excise is to be fixed at 24 per cent of retail
sale price for set top boxes for TV sets, it will be 24 per
cent for STBs for gaining access to internet.
The
rate will be 25 per cent of retail sale price for Printer
whether or not combined with the functions of copying or facsimile
transmission, Ink cartridges, with print head assembly, Modems
(modulators - demodulators) , and monitors of a kind solely
or principally used in automatic data processing machine.
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