ISLAMABAD, June 17: The federal government has levied, at import stage, Central Excise Duty (CED) on 57 items in the budget.
The government had already imposed the same central excise duties at local stage of these items.
The items on which CED at a rate of 10 per cent of retail price (RP) was levied included fruit juices, syrups and non- aerated beverages.
CED at the rate of 15 per cent ad vol was imposed on unmanufactured tobacco, tobacco refuse if used in cigarette made by hand while if used in cigarette the CED will be 20 per cent ad vol.
CED levied at the rate of Rs1,000 per ton on cement, Rs13 per litre on solvent oil (non-composite), 88 paisa per litre on other petroleum oil, 6 paisa per litre on other kerosene type jet fuel, 4 paisa per litre on other medium oils, Rs185 per ton on other fuel oil and 10 per cent ad vol or Rs7.15 per litre which ever is higher on transformer oil.
The government has levied CED at a rate of Rs7.18 per hundred cubic meter (HCM) on liquefied natural gas, on liquefied propane, liquefied butanes, on liquefied ethylene, propylene, butylene and butadiene, on other liquefied petroleum gases and on natural gas (in gaseous state) and on other natural gas (in gaseous state).
The CED at the rate of 10 per cent of retail price was levied on paints and varnishes, distemper, other paints & varnishes, prepared driers, sulphonic acid (soft), other soap & detergent, cationic, non-ironic, CAPB, other CAPB and other organic composite solvent and tinners, while CED at the rate of 10 per cent of RP was levied on solvent oil (composite).
Central excise duty at the rate of 5 per cent of retail price was levied on vegetable parchment, composite paper, paper & paperboard (corrugated), carbon paper, tarred, bituminised or asphalted paper, other paper & paperboard cellulose wadding, bleached paper, thermal fax paper, other bleached paper, paper & paperboard, coated, impregnated, other paper, paperboard, cigarette paper, wallpaper, floor coverings, carbon paper, other gummed or adhesive paper and filter paper.
The government levied CED at the rate of 10 per cent of ad vol on filter paper, stranded wire, other stranded wire, copper wire, stranded wire, cables, plaited (of copper), aluminium wire, stranded wire, cables, plaited (of aluminium) and insulated wire, cable (excluding telephone cables).
CED withdrawn: The government has withdrawn Central Excise Duty (CED) on 47 items in the budget of 2002-03.
The items are: ground-nut oil, sunflower-seed oil, safflower-seed oil, cotton seed oil, rape, colza or mustard oil, corn oil; benzole, toloule, xylole, naphthalene and other aromatic hydrocarbon mixtures.
CED was also withdrawn from cresylic acides, other oil of the distillation of high temperature, creosote oils, other oil, carbon black oil, pitch and pitch coke, white spirit, JP-4, light diesel oil, high speed diesel oil, mineral oil, liquid paraffin, white oil and other petroleum oil excluding transformer oil.
Similarly, the government has done away with CED on petroleum jelly, petroleum wax, other wax, petroleum coke not calcined, petroleum coke calcined, extract oil (carbon black oil), carbon (excluding carbon blacks), cango read and direct deep black, color lakes artists’, students or signboard painters, other polishes and creams, polish and cream for footwear, MTT, polyester chips, electric batteries, optical fibre, kraft paper, filament yarn, ship plates, metal containers, shipping agents, travel agents and advertising agents.































