Commercial properties forming part of
stock-in-trade freed from levy of Wealth Tax
Excise duty on paper
units, up to a capacity of 10,000 tons reduced to 5%
Vermicelli, absorbent
cotton wool, non-absorbent cotton wool, gauze, bandages
and similar articles for medical purpose would be free of
excise, if they are marketed without a brand name.
Specified coir
processing machinery excempted from excise duty
Excise duty on
insulated wares of plastics reduced to 15% from 20%
Certain specified
processed narrow woven fabrics of cotton and man-made
fiber products exempted from excise duty.
Custom duty on Hard
Disk Drives, floppy disk drives and CD ROM drives,
reduced from 20% to 10%
Custom duty on primary
forms of stainless steel, other than stainless steel
slabs, increased to 30% from 20%
Custom duty on
stainless steel scrap reduced to 10% from 20% |