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Notes


Chapter Introduction (Excise)

This Chapter does not cover :

(a) footwear or parts of footwear of Chapter 64;

(b) headgear or parts of headgear of Chapter 65; or

(c) articles of Chapter 95 (for example, toys, games, sports requisites).
































Tariff Item Description of good Unit Rate of duty
4501


45011000

45019000
Natural cork, raw simply prepared; waste cork; crushed,
granulated or ground cork


-- Nature cork, raw or simply prepared...................

-- Other..........................


kg.

kg.


12.5%

12.5%
45020000 Natural cork, debacked or roughly squared, or in
rectangular (including square) blocks, plates, sheets or strip
(including sharp-edged blanks for corks or stoppres)
kg. 12.5%
4503


45031000

450390

45039010

45039090
Articles of natural cork

-- Corks and stoppers..............

-- Other.................

-- Shuttlecock cork bottom.................

-- Other................


kg.

kg.

kg..


12.5

12.5

12.5
4504





45041010

45041020

45041090

45049000
Agglomerated cork (with or without a binding substance) and
articles of agglomerated cork


-- Blocks, plates, sheet and strip; titles of any shape; solid
cylinders, including discs :

-- Sheets.............

-- Slabs..............

-- Others.............

-- Others.............






kg.

kg.

kg.






12.5%

12.5%

12.5%

EXEMPTION NOTIFICATIONS

SSI Exemption  for those not availing CENVAT - Exemption to goods falling under Chapter 45 on first  clearance  of Rs. one crore and fifty lakh (w.e.f. 1-4-2007) when total  clearance not exceeding rupees four crores in the preceding financial year.
 

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What is New?

Date: 21-04-2026
NOTIFICATION No. 01/2026 – Central Tax
Seeks to extends the due date for furnishing the return in FORM GSTR-3B for the month of March, 2026 till the twenty-first day of April, 2026

Date: 11-04-2026
Notification No. 14/2026-Central Excise
Seeks to amend the Eighth Schedule to the Finance Act, 2002 to increase the tariff rate of Special Additional Excise Duty applicable to High Speed Diesel oil

Date: 11-04-2026
Notification No. 16/2026-Central Excise
Seeks to amend Notification No. 06/2026-Central Excise dated 26.03.2026 to increase the SAED on exports of High speed diesel oil outside India.

Date: 11-04-2026
Notification No. 15/2026-Central Excise
Seeks to amend the Sixth Schedule to the Finance Act, 2018 to increase the tariff rate of Road and Infrastructure Cess applicable to High Speed Diesel oil

Date: 01-04-2026
Notification No. 12/2026–Customs
Seeks to exempt BCD on certain commodities

Date: 01-04-2026
Notification No. 13/2026–Customs
Seeks to exempt AIDC on certain commodities

Date: 30-03-2026
Notification No. 08/2026-Customs
Seeks to further amend notification 45/2017-Customs dated 30.06.2017

Date: 27-03-2026
Notification No. 05/2026-Central Excise
Corrigendum to Notification No. 06/2026-Central Excise dated 26.03.2026

Date: 27-03-2026
Corrigendum
Corrigendum to Notification No. 11/2026-Central Excise dated 26.03.2026

Date: 26-03-2026
Notification No. 11/2026-Central Excise
Seeks to prescribe rates of Road and Infrastructure Cess for petrol and diesel, when cleared for exports



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