Feb 27, 2012, 11.57 AM | Source: CNBC-TV18
After levying 1% excise duty on the 130 exempt items in the Budget last year, the Finance Ministry is considering extending this to the remaining 240 items.
CNBC-TV18 learns from sources that the Finance Ministry is also considering hiking the levy to 2% for the 130 items that were brought in the tax net last year.
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