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India New Budget 2008 - 2009 highlight update.

Budget 2008, Budget Highlights, Budget at Glance, Finance Minister's Speech, Information, New Customs and Central Excise Duty Proposal, Service Tax, Income Tax, Explanatory notes, Complete Finance Bill 2008, CBEC Taritt Notifications


New Budget 2008-09

Key to Budget  [English] 
Budget Highlights

Budget Highlights (In PDF)
Budget Speech     [English
Budget at a Glance     [English] 
Annual Financial Statement  [English] 
Finance Bill  [English] 
Memorandum [English] 
Receipt Budget [English] 
Expenditure Budget [English] 
Customs & Central Excise Notifications 

        Changes in Customs Duty

        Changes in Central Excise Duty
Implementation of Budget Announcements  [English] 
The Macro Economic Framework Statement  [English] 
The Medium Term Fiscal Policy Statement [English] 
The Fiscal Policy Strategy Statement [English] 

    New Budgetry Notifications of Customs, Central Excise and Service Tax 

Customs Tariff Notification Nos. Subject
Notification No. 20/2008-Customs Amends Notification No. 20/2006-Customs, dated the 1st March, 2006. 
Notification No. 21/2008-Customs

Amends notification No. 21/2002-Customs, dated the 1st March, 2002. 

Notification No. 22/2008-Customs Exempts specified goods.
Notification No. 23/2008-Customs Amends Notification No. 19-Customs, dated the 6th February, 1965.
Notification No. 24/2008-Customs Amends Notification No.84/97-Customs, dated the 11th November, 1997.
Notification No. 25/2008-Customs Amends Notification No. 25/1999-Customs, dated the 28th February, 1999.
Notification No. 26/2008-Customs  Exempts all goods falling under sub-heading 8517 12 of the Customs Tariff Act, 1975 (51 of 1975), as specified in column (2) of the Table in the Seventh Schedule to the Finance Act, 2001 (14 of 2001)
Notification No. 27/2008-Customs  Amends Notification No. 27/2002-Customs, dated the 1st March, 2002
Notification No. 28/2008-Customs  Amends Notification No171/93-Customs, dated the 16th September, 1993
Notification No. 29/2008-Customs   Superseesion of the Notification No. 77/2003-Customs,  Dated  14th May 2003


Customs Non-Tariff Notification Nos. Subject
Notification No.11/2008-Customs (N.T.)  Amends First Schedule to the Customs Tariff Act, 1975


Central Excise  Tariff Notification Nos. Subject
Notification No.2/2008-CE    Exempts specified goods
Notification No.3/2008-CE    Amends Notification No. 3/2006-Central Excise, dated the 1st March, 2006
Notification No.4/2008-CE    Amends Notification No. 4/2006-Central Excise, dated the 1st March, 2006
Notification No.5/2008-CE    Amends Notification No. 5/2006-Central Excise, dated the 1st March, 2006
Notification No.6/2008-CE    Amends Notification No. 6/2006-Central Excise, dated the 1st March, 2006
Notification No.7/2008-CE    Amends Notification No. 64/95-Central Excise, dated the 16th March, 1995
Notification No.8/2008-CE    Amends Notification No. 8/2003-Central Excise, dated the 1st March, 2003
Notification No.9/2008-CE    Amends Notification No. 21/2005-Central Excise, dated the 13th May, 2005
Notification No.10/2008-CE    Amends Notification No. 23/2003-Central Excise, dated the 31st March, 2003
Notification No.11/2008-CE     Amends Notification No. 49/2003-Central Excise, dated the 10th June, 2003
Notification No.12/2008-CE     Amends Notification No. 49/2006-Central Excise, dated the 30th December, 2006
Notification No.13/2008-CE     Amends Notification No. 108/95-Central Excise, dated the 28th August, 1995
Notification No.14/2008-CE    Exempts specified goods


Central Excise Non- Tariff Notification Nos. Subject
Notification No.10/2008-CE(NT)    Budget Notification 2008-09
Notification No.11/2008-CE(NT)    Budget Notification 2008-09
Notification No.12/2008-CE(NT)    Budget Notification 2008-09
Notification No.13/2008-CE(NT)    Budget Notification 2008-09
Notification No.14/2008-CE(NT)   Budget Notification 2008-09


Service Tax Notifications  Subjects 
Notification No. 4/2008-Service Tax     Budget Notification 2008-09
Notification No. 5/2008-Service Tax   Budget Notification 2008-09
Notification No. 6/2008-Service Tax    Budget Notification 2008-09
Notification No. 7/2008-Service Tax     Budget Notification 2008-09
Notification No. 8/2008-Service Tax    Budget Notification 2008-09
Notification No. 9/2008-Service Tax    Budget Notification 2008-09
Notification No. 10/2008-Service Tax    Budget Notification 2008-09
Notification No. 11/2008-Service Tax    Budget Notification 2008-09
Notification No. 12/2008-Service Tax    Budget Notification 2008-09
Notification No. 13/2008-Service Tax    Budget Notification 2008-09
Notification No. 14/2008-Service Tax    Budget Notification 2008-09
Notification No. 15/2008-Service Tax   Budget Notification 2008-09


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Date: 27-12-2018
PUBLIC NOTICE NO. 64 /(2015-2020)
Increased validity and utilisation of the norms ratified by Norms Committee (NC) under Para 4.12 of Hand Book of Procedures 2015-2020 of the Advance Authorization obtained under para 4.07, by other applicants of advance authorisations - reg

Date: 27-12-2018
Policy Circular No. 14/2015-2020
Preparation of Minutes of Norms Committees (NCs).

Date: 20-12-2018
Notification No.99/2018 - Customs (N.T.)
Exchange Rates Notification No.99/2018-Custom(NT) dated 20.12.2018

Date: 18-12-2018
Public Notice No. 61 /2015-20
List of capital goods not permitted-permitted for import under the EPCG Scheme

Date: 17-12-2018
Notification No. 81/2018–Customs
Seeks to partially mend notification No. 37/2017-Customs dated 30.06.2017 in order to exempt BCD and IGST for imports by NTRO.

Date: 17-12-2018
Public Notice No. 60/2015-2020
Amendment in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

Date: 15-12-2018
Notification No. 80/2018-Customs
Seeks to further postpone the implementation of increased customs duty on specified imports originating in USA from 17th December, 2018 to 31st January, 2019.

Date: 15-12-2018
Notification No. 80/2018-Customs
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver - Reg.

Date: 13-12-2018
NOTIFICATION No. 57/2018-Customs (ADD) New
Seeks to levy definitive anti-dumping duty on the imports of "Uncoated Copier Paper" originating in or exported from Indonesia, Thailand and Singapore.

Date: 12-12-2018
PUBLIC NOTICE NO. 58/(2015-2020)
Amendment of Para 2.63 of the Handbook of Procedure (2015-20).

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