Excise Duty Articles, News, Notification & Circular

CBI REGISTERS A CASE AGAINST A SSO OF CFSL;ONE OFFICIAL EACH OF REVENUE DEPARTMENT & CENTRAL EXCISE AND OTHER PRIVATE PERSONS FOR ALLEGED IMPERSONATION & BRIBERY AND CONDUCTS SEARCHES Full Article

Imposition of Central Excise duty on unbranded precious metal jewellery at the rate of 1% - Government has decided to withdraw the levy on all precious metal jewellery, branded or unbranded, with effect from 17th March, 2012. Full Article

Notification No.23/2012 - Central Excise (N.T.) These rules may be called the Central Excise (Fourth Amendment) Rules, 2012. (2) They shall come into force on the 18th day of April, 2012. 2. In the Central Excise Rules, 2002, in rule 12 in sub-rule (1), for the fourth proviso the following shall be substituted; Full Article

Circular No. 965/08/2012-CX Your kind attention is invited to Notification No. 56/2002-CE dated 14.11.2002 which provides for exemption from the duty of excise to specified goods cleared from industrial units in the State of Jammu & Kashmir to the extent of duty paid in cash by way of a refund mechanism, for a period of ten years from the date of publication of the notification or from the date of commencement of commercial production, whichever is later. The exemption .. Full Article

Briefly stating the facts are that Hemant Gandhi was acting as a middleman for accused Dr. A.K. Srivastava and Lallan Ojha, who were respectively posted as Commissioner and Superintendent of Central Excise at the relevant time. The allegations are that they were involved in obtaining illegal gratification by corrupt and illegal means from the businessmen. Further the allegations are that they had conspired to conduct an unauthorized raid at the business premises of Dalip.. Full Article

1. Accounting Codes for the Taxable Services introduced vide The Finance Act, 2011 2. Assistance provided for processing visa applications 3. Clarification on issues relating to CENVAT Credit Rules 2004 Benefit of Central Excise Duty exemption on pipes against S. No. 7 in column (3) of the Notification No. 6/2006 (CE) dated 1-03/06 as further amended Vide No. 6/2007 Dated 1-3-07 & 26/2009 Dated 4/12/09 Full Article

Interest on refund of pre-deposit amount is payable from the date of receipt of order of the tribunal by the commissioner. Interest to be paid on amount of pre deposit at the rate prescribed under the statutory provisions of the Act and not as per rate determined on equitable principles by Tribunal. Full Article

It has come to notice that orders received from Hon'ble President/Vice-President are not dispatch within a reasonable period. Some time even for two weeks or three weeks or for months together. It is directed that all order received from Hon'ble President/Vice­President and Hon'ble Members must be dispatched within 3 days from the date of receipt of the order from the Hon'ble Bench. Full Article