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Excise Duty

CENVAT credit on deposits insurance – Banks v/s Departments

Banks are registered under service tax in the category of Banking and Financial Services. They collect and pay service tax on its various incomes such as commissions, bank charges, documentation charges, processing fees etc. levied on its customers....

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Refund of Swatch Bharath Cess: A new area of Litigation

Department is looking forward for GST and field formations have been instructed to adjudicate pending cases as early as possible, a new bunch of litigations started propelling in the form of rejecting the S B Cess refunds. May the CBEC issue instructions in this regard to in the form of clarification to settle things right....

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Limitation period of one year is not applicable for claiming refund of taxes paid under protest

Whether limitation period of one year provided under Section 11B(1) of Excise Act, applicable to Service tax provisions also vide Section 83 of Finance Act, 1994, would be applicable where Service tax has been paid under protest?...

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Credit not to be reversed when inputs shown as scrap at lesser value and not written off

Whether reversal of Cenvat credit is required on the inputs which are shown as scrap & value of such inputs was shown at lesser value and not written off in the books of account?...

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Central excise demands on Industrial Promotion Subsidy received under PSI 2007

Recently, the central excise department has started issuing SCNs for recover of central excise duty on the Industrial Promotion Subsidy received by assessees in Maharshtra state....

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CBI arrests Excise commissioner for accepting alleged bribe

The Central Bureau of Investigation has arrested an Assistant Commissioner of Central Excise, LTU, Mumbai and a private person while demanding & accepting an alleged bribe of Rs. 1.25 crore (approx)....

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CBEC accomplishes Indirect Taxes Collection Target for F.Y. 2016-17

The indirect tax collections (Central Excise, Service Tax and Customs) in FY 2016-17are at Rs 63 lakh crore, which is 22.0% higher than the actual revenue receipts in FY 2015-16. Till March 2017, about 101.35% of the Revised Estimates (RE) of indirect taxes for Financial Year 2016-17 has been achieved....

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Centralised Task Force not made any effort to recover Excise/ Custom Duty: CAG

CBEC constituted, in 2004, a Centralised Task Force (CTF) to co-ordinate, facilitate, monitor and oversee the efforts of Customs and Central Excise field formations in recovery of arrears. We observed that though the Task Force was entrusted with finalising and implementing strategies for realisation of arrears it did not take any such ac...

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Ms. Vanaja N. Sarna, IRS appointed as Chairman CBEC

Ms. Vanaja N. Sarna, IRS (C&CE:1980) presently holding the charge as Member (Administration), has been appointed as Chairman, Central Board of Excise and Customs (CBEC). She is taking over on superannuation of Shri Najib Shah, IRS (C&CE:79) today i.e. 31.03.2017....

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CBEC renamed as Central Board of Indirect Taxes & Customs (CBIC)

FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC), after getting legislative approval...

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CESTAT passes Strictures against Advocate for making frivolous arguments

Clarion Power Corporation Ltd Vs Commissioner of Customs (CESTAT Chennai) - This as a fit care where the Bench may recommend to Tamilnadu Bar Council to take appropriate action against him. But, by keeping a lenient view in mind, we adjourn the case at the cost of Rs. 1,000/-(Rupees on thousand only) which will deposited by the counsel toward Prime Minister’s Relief Fund ...

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Excise Dept To Refund Excessive Fine Imposed 19 Years Ago

B.N. Sanas Company Private Limited Vs The Collector of Pune, State Excise Deparment (Bombay High Court) - The matter is called out for final hearing as the matter is specifically listed for final hearing in summer vacation. Heard the learned counsel for the Petitioner and the learned Government Pleader for the State. 2. The Petitioner which is a private limited company holding FL II license and carrying...

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Recovery cannot be effected 3 years from the date of SCN

Sagar Drugs and Pharmaceuticals P. Ltd. Vs C.C.E. (CESTAT Ahemdabad) - Next question needs to be considered is whether the demand for the period March 2003 to February 2007 can be enforced when the demand notice was issued on 14.9.2007. In the aforesaid case where the Honorable High Court observed that the in absence of time limit prescribed for recovery, a reasonable ...

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Practice of taking undated cheques by excise department is illegal: HC

Digipro Import & Export Pvt. Ltd Vs Union of India & Ors. (Delhi High Court) - Court has been shown the five undated cheques for sum of Rs.1.25 crores which were collected from the Petitioner during the visit to the premises of the Petitioner on 10th March, 2017. The Court specifically asked Mr. Harpreet Singh, learned counsel appearing for the Respondents, to show any provisi...

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Rebate of Excise duty where customs duty component is claimed as drawback

Commissioner of Central Excise, Calicut Commissionerate Vs M/s. Orion Battery (CESTAT Bangalore) - Appellant is eligible for rebate of Central Excise duty paid on inputs used in the manufacture of export goods, even in case where customs duty component is claimed as drawback. ...

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CBEC rescinds 5 Excise Non -Tariff Notifications

Notification No. 22/2017-Central Excise (N.T.) - (18/07/2017) - Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds Notification No. 29/2008- Central Excise (NT), dated 1-7- 2008, 30/2008- Central Excise (NT), dated 1-7- 2008, 10/2010- Central Excise (NT), dated 27-2- 2010, 11/2010- Central Excise (NT), da...

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CBEC rescinds 6 Excise Notifications (Tariff) related to Textile

Notification No. 21/2017-Central Excise - (18/07/2017) - In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), sub-section (3) of section 3 of the Additional Duties of Excise(Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional duties of Excise (T...

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Office Order-04/2017: Constitution of Review Committees of Commissioners of Central Excise & Service Tax

Office Order-04/2017-CX & ST - (13/07/2017) - OFFICE ORDER-04/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax...

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Office Order-03/2017: Review Committees of Commissioners of Central Excise & Service Tax

Office Order-03/2017-Cus - (13/07/2017) - OFFICE ORDER-03/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax dated: 13/07/2017...

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Office Order- 02/2017: CBEC constitutes Review Committees of Chief Commissioners of Central Excise and Service Tax

Office Order- 02/2017-CE& ST - (13/07/2017) - In exercise of powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944) and sub-section (1A) of section 86 of the Finance Act, 1994 (32 of 1994), read with Notification No. 13/2017-Central Excise (NT) dated 09.06.2017 and Notification No. 17/2017-Central Excise...

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Recent Posts in "Excise Duty"

CBEC rescinds 5 Excise Non -Tariff Notifications

Notification No. 22/2017-Central Excise (N.T.) (18/07/2017)

Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds Notification No. 29/2008- Central Excise (NT), dated 1-7- 2008, 30/2008- Central Excise (NT), dated 1-7- 2008, 10/2010- Central Excise (NT), dated 27-2- 2010, 11/2010- Central Excise (NT), dated 27-2- 2010, 17/2010- Central Excise ...

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CBEC rescinds 6 Excise Notifications (Tariff) related to Textile

Notification No. 21/2017-Central Excise (18/07/2017)

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), sub-section (3) of section 3 of the Additional Duties of Excise(Goods of Special Importance) Act, 1957 (58 of 1957) and sub-section (3) of section 3 of the Additional duties of Excise (Textiles and Textile Articles) Act, 1978 ...

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Office Order-04/2017: Constitution of Review Committees of Commissioners of Central Excise & Service Tax

Office Order-04/2017-CX & ST (13/07/2017)

OFFICE ORDER-04/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax...

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Office Order-03/2017: Review Committees of Commissioners of Central Excise & Service Tax

Office Order-03/2017-Cus (13/07/2017)

OFFICE ORDER-03/2017-CX & ST- Constitution of Review Committees of the Commissioners of Central Excise and Service Tax dated: 13/07/2017...

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Office Order- 02/2017: CBEC constitutes Review Committees of Chief Commissioners of Central Excise and Service Tax

Office Order- 02/2017-CE& ST (13/07/2017)

In exercise of powers conferred by sub-section (1B) of section 35B of the Central Excise Act, 1944 (1 of 1944) and sub-section (1A) of section 86 of the Finance Act, 1994 (32 of 1994), read with Notification No. 13/2017-Central Excise (NT) dated 09.06.2017 and Notification No. 17/2017-Central Excise (NT) dated 19.06.2017,the Central Board...

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Classification of Printed Workbooks, Exercise books etc. under erstwhile CETA 1985-reg.

Circular No. 1057/06/2017-Excise Duty (07/07/2017)

Representations have been received from the members of the trade requesting clarification regarding classification of printed workbooks, exercise books, children’s drawing book etc. The issue raised in these representations is whether the aforesaid goods are classifiable under Chapter 48 or Chapter 49 of the erstwhile Central Excise Tar...

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CESTAT passes Strictures against Advocate for making frivolous arguments

Clarion Power Corporation Ltd Vs Commissioner of Customs (CESTAT Chennai)

This as a fit care where the Bench may recommend to Tamilnadu Bar Council to take appropriate action against him. But, by keeping a lenient view in mind, we adjourn the case at the cost of Rs. 1,000/-(Rupees on thousand only) which will deposited by the counsel toward Prime Minister’s Relief Fund within three days from today. On the nex...

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CBEC amends notification no. 28/2002-central excise dated 13.05.2002

Notification No. 20/2017-Central Excise (03/07/2017)

Central Government hereby makes the following further amendment in the notification No. 28/2002-Central Excise, dated the 13th May, 2002 ...

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Seeks to rescind notification no.16/2010-central excise dated 27.02.2010

Notification No. 19/2017-Central Excise (01/07/2017)

In exercise of the powers conferred by sub-section (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 16/2010-Centra...

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Seeks to exempt goods mentioned in 7th schedule to finance act,2005

Notification No. 18/2017-Central Excise (01/07/2017)

Seeks to provide exemption to all goods mentioned in the seventh schedule to the finance act, 2005 from whole of the additional duties of excise leviable thereon....

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Latest Excise Duty News

Find out all the latest news on Excise Duty here at Taxguru.in. Read all the relevant excise duty notifications and excise duty articles only with Taxguru.

In today’s economic scenario the significance of taxes has increased and it now not limited to being a financial aid for the Governments. The Union or the Central Government imposes several taxes together with their state governments. Some of the taxes are also levied by local Municipalities as well. Excise Duty comes under the taxes which are levied by the Central Government as per the provisions laid out in the Excise Duty Act, Excise Duty Rules and Excise Duty notifications formulated by the Government.

Excise duty is an indirect tax which is levied on goods manufactured in India and are intended for home consumption. Manufacturing of the goods is the taxable event and the excise duty liability arises as and when the goods are produced. Excise duty is a tax on manufacturing that is payable by a manufacturer of goods, who passes the incidence on to their customers. The CBEC (Central Board of Excise and Customs) is the governing authority and it functions under Union Ministry of Finance’s Department of Revenue. Under the power conferred by the Central Excise Act, 1944, the Central Government levies taxes on production or manufacturing of goods. The excise tax rates are stated under the Central Excise Tariff Act, 1985.

At Taxguru, we provide you all the latest news on excise duty together with all the updates and excise duty notifications. We at regular intervals publish excise duty articles and blogs for the benefit of our readers. Get to know all the latest developments in the Excise Tax Act and all the latest amendments at Taxguru. Find out all the excise duty news and updates with respect to excise duty here at Taxguru. We ensure that we bring you all the accurate and comprehensive coverage relating to excise duty in India