Central Excise Tariff 2004-05

Education Cess

 

 

Description of goods Rate of Education Cess
All goods specified in the First Schedule to the Central Excise Tariff Act, 1985, being goods manufactured or produced. 2%, of the aggregate of all duties of excise ( including special duty of excise or any other duty of excise but excluding Education Cess on excisable goods).

 

  1. Without prejudice to the provisions of sub-section (11) of section 2, there shall be levied and collected in accordance with the provisions of this chapter as surcharge for purposes of the union, a cess to be called the Education Cess, to fulfill the commitment of the Government to provide and finance universalised quality basic education.

  2. The Central Government may, after due appropriation made by parliament by law in this behalf utilize, such sums of the money of the Education Cess levied under sub-section (11) of section 2 and this chapter for the purposes specified in sub-section (1) as it may consider necessary.

  3. The words and expressions used in the chapter VI of the Finance (No.2) Bill , 2004 and defined in the Central Excise Act, 1944, the customs Act, 1962 or chapter V of the Finance Act, 1994 shall have the meanings respectively assigned to them in those acts or chapter, as the case may be.

  4. The Education Cess levied under section 81, in the case of goods specified in the First Schedule to the Central Excise Tariff Act, 1985, being goods manufactured or produced, shall be a duty of excise (in this section referred to as the education cess on excisable goods), at the rate of two per cent, calculated on the aggregate of all duties of excise (including special duty of excise or any other duty of excise but excluding Education Cess on excisable goods) which are levied and collected by the central government in the Ministry of Finance (Department of Revenue), under the provisions of the Central Excise Act, 1944 or under any other law for the time being in force .

  5. The Education Cess on excisable gods shall be in addition to any other duties of excise chargeable on such goods, under the Central Excise Act, 1944 or any other law for the time being in force.

  6. The provisions of the Central Excise Act, 1944 and the rules made thereunder, including those relating to refunds and exemption from duties and imposition of penalty shall as far as may be apply in relation to the levy and collection of the Education Cess on excisable goods as they apply in relation to the levy and collection of the duties of excise on such goods under the Central Excise Act, 1944 or the rules as the case may be .