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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: 23-02-2017
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Date: 23-02-2017
DGFT Notification No. 40/2015-2020
Amendment in Paragraph 4.34(i) of Chapter 4 of the Foreign Trade Policy (FTP) 2015-2020.

Date: 22-02-2017
DGFT Notification No. 39/2015-2020
Amendment in Para 4.44 of Chapter 4 of the Foreign Trade Policy(FTP) 2015-20

Date: 21-02-2017
DGFT Public Notice No. 59/2015-2020
Amendment in Chapter 2 of the Handbook of Procedure (2015-20)

Date: 20-02-2017
Service Tax Notification No. 08/2017 (ST)
Services by the operators of Common Effluent Treatment Plant by way of treatment of effluent from the 1st of July 2012 to 31st of March 2015

Date: 17-02-2017
DGFT Notification No. 38/2015-2020
Amendment in the list of Military Stores requiring NOC for export purpose.

Date: 16-02-2017
Customs Notification No. 12/2017 (NT)
Rate of exchange of conversion of the foreign currency with effect from 17th February, 2017

Date: 16-02-2017
Periodicity of CAS-4 certificates-reg

Date: 16-02-2017
Service Tax Circular No. 204/2/2017–ST
Applicability of service tax on the services by way of transportation of goods by a vessel from a place outside India to the customs station in India w.r.t. goods intended for transshipment to any country outside India

Date: 16-02-2017
RBI/2016-17/233 A. P. (DIR Series) Circular No.31
Issuance of Rupee denominated bonds overseas – Multilateral and Regional Financial Institutions as Investors

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