On the vital issue of Central Excise Duty,
IBMA immediately swung into action to highest the present of biscuit manufacturers in the SME sector who were faced with a crisis, due to the excise exemption limit only upto MRP of Rs.50/per kg in the Union Budget 2007-08 proposals. The campaign began with a Press Conference on 8th March, 2007 by Shri B P Agarwal, President. IBMA’s post Budget memorandum pointed out that Medium Biscuit Manufacturers were being liable to pay CENVAT @ 8% while the Large Industries were virtually exempted to the detriment of large number SMEs in the Biscuit Industry. Very widely covered in the Electronic and Print media throughout the country. IBMA continued sustained efforts and also organized meetings with the Finance Minister, Ministers of State for Finance, Minister for Food Processing Industries and with concerned officials as well as various Members of Parliament and leaders of political parties, presenting the unfainess of the levy of CENVAT on majority of biscuit manufacturers.
As a result Excise Duty exemption limit for Biscuits was raised to MRP upto Rs 100/- Per Kg. announced by the Finance Minister in the Lok Sabha on 3rd May 2007.