Activity done when Excise duty changes in Budget

Dear MM Experts,
I am new with cin, so please tell me the step that includes when excise tax changed in Budget. what are the steps need to take when change in budget happen like duty & taxes??????/
Regards
Sumit

As per budget changes MM point of view we can take following actions
Budget changes
  The Excise Duty on all
     goods falling under Chapter 84 & 85 of the
     Schedule to the Central Excise Tariff Act is reduced from 12
     percent to 10 percent for the period upto 30.06.20 14.
     The rates can be reviewed at the time of regular Budget.
So Relevant chapter Ids need to be maintained accordingly in FV11. preferably  country/Plant/Control code/ combination.
you may received Excise invoices already with 12%. so please contact taxation team before changing
Regards
Maruthi S

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