Exemption from Central Excise Duty on Internet and Leased Data Circuits
CBR vide its SRO No. 455(I)/96 dated 13 June 1996 imposed 40% CED on telecommunication services defined as telephone, telefax, telegraph and alike services. This duty was reduced to 25% w.e.f. 01.01.1997. In 1998, Central Excise...
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