NCCD sans Service tax; cut in Customs and Excise duties for cold chains
date:Mar 02, 2016
t, the Service tax rate is 14 per cent.

A statement by Jaitley says, Services provided by National Centre for Cold Chain Development under department of agriculture, cooperation and farmers welfare, Government of India, by way of knowledge dissemination, being exempted from service tax, with effect from April 1, 2016.

Further the minister in his speech said that to promote use of refrigerated containers, the Budget proposes to reduce the basic Customs and Excise duty on them to 5% and 6% respe
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05/02 09:17