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Excise Duty - Page 30

Amendment to Section 35F of CEA, 1944 are Constitutional: HC

M/s. Hindustan Petroleum Corporation Ltd. Vs Union of India (Karnataka High Court)

Section 35F of the Act has retrospective operation and is not restricted to only prospective It applies to all lis which have commenced prior to or after the enforcement of the amendment, except to cases covered under the second proviso thereof....

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Download Finance Bill 2016 as passed by Lok Sabha

THE FINANCE BILL, 2016- Bill No. 18-C of 2016- AS PASSED BY LOK SABHA ON 05.05.2016 Finance Bill 2016 was passed by Lok Sabha on 05.05.2016 as informed by us to our readers by our article  ‘Lok Sabha Passes Finance Bill 2016‘. In the Article we have attached notice of the amendment to Finance Bill, […]...

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Posted Under: Excise Duty | ,

Technology use for Expeditious Disposal of Assessment & Refunds

In FY 2015-16, 94% of income tax returns were filed online and 4.14 crore returns processed without any human intervention; More than 2.10 crore refunds amounting to Rs.1,22,425 crore were paid in FY 2015-16 as compared to Rs. 1,12,188 crore in the FY 2014-15 and Rs. 89,664 crore in the FY 2013-14;...

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Posted Under: Excise Duty |

Excise Duty on Inputs cleared after Use or as Waste/Scrap?

Whether Central Excise Duty Payable on Inputs Cleared After Use or as Waste/Scrap? After going through the above title first question comes into mind is how an input can be removed after use or as Waste/Scrap. As per my understanding it is possible in Central Excise Law. Vide Notification No. 13/2016 – CE (NT) dated […]...

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Posted Under: Excise Duty |

Video on delayed payment interest rate & limitation period increase

Vide Union Budget, 2016, Interest rates on delayed payment of duty/ taxes across all indirect taxes is proposed to be made uniform at 15% per annum, except in case of Service tax collected but not deposited with the Central Government, in which case the rate of interest will be 24% per annum from the date on which the Service tax payment ...

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Posted Under: Excise Duty |

Corroborative evidence should be correlated to prove clandestine clearance

Shri Avinash M Baliga & Others Vs Commissioner of Central Excise (CESTAT Delhi)

it was held that in order to prove clandestine removal of excisable goods, the department should take reasonable steps and provide correlated corroborative evidence to prove that the assessee has made cladenstine removal of goods....

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Department cannot reject certificate issued by competent authority

Dhar Cement Ltd. Vs C.C.E. (CESTAT Delhi)

It was held that the Department cannot reject the certificate issued by the competent authority. In case the certificate was obtained by mis-representation or not presenting full facts the only option left to the department is to approach the competent authority with all the evidences to modify/cancel the certificate issued already....

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Notification No. 26/2016- Central Excise (N.T), Dated 5th May, 2016

Notification No. 26/2016- Central Excise (N.T) (05/05/2016)

( j) Infrastructure Cess leviable under sub-clause (1) of clause 159 of the Finance Bill, 2016, which clause has, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), the force of law....

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Notification No. 25/2016-Central Excise (N.T), Dated 5th May, 2016

Notification No. 25/2016-Central Excise (N.T) (05/05/2016)

Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 49/2008-Central Excise (N.T.), dated the 24th December, 2008, published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i), vide number G.S.R. 882(E)...

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Source of fund not relevant for proving unjust enrichment

Executive Engineer,Central Workshop Division, Chattisgarh State Electricity Board Vs C.C.E., Raipur (CESTAT Delhi)

It was held that the unjust enrichment can’t be proved by establishing the source of funds out of which the excise duty has been paid. Further it was held that in the case of State owned Undertakings which are funded, controlled and monitored by the State Government, the doctrine of unjust enrichment will not arise....

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Latest Excise Duty News

Find out all the latest news on Excise Duty here at 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