Excise Duty
CBEC Circular to Reduce Litigations – An Overview
Central Board of Excise and Customs has issued circular No.1063/2/2018-CX dated 16.02.2018, wherein this compiles sixty three orders of Supreme Court, High Courts and CESTAT on the various issues relating to Central Excise, Service Tax and Cenvat Credit has been accepted by the department. This is an exercise has been under taken by the B...
Read MoreSummary of recent Circular by CBEC to reduce Litigation
CBEC Circular No. 1063/2/2018-CX dt 16th Feb 2018 is running into 29 pages covering as many as 63 orders. Most of the issues related to clandestine removal, Cenvat credit, Usage of goods under advance authorization, Refunds, Limitation of time, Valuation etc....
Read MoreCBEC: The root cause analysis of corruption reveals interpretation: Part 2
Why the Comptroller & Auditor General (CAG) does not raise audit objections or take cognizance thereof even when it is absolutely clear that somebody has indulged into corrupt interpretation to ensure benefit in a very veiled manner. Can the corrupt interpretations be ignored & no action ever taken?...
Read MoreCBEC: The root cause analysis of corruption reveals interpretation- Part I
The way interpretation is practiced by the miraculous Indian bureaucracy to cheat the Indian citizens in numerous ways on everyday basis. They make a foolish law & then foolishness perpetuates in terms of interpretation to harass the assesses to no end & you may complaint right up to the Cabinet Secretary or the minister but to no avail. ...
Read MoreBudget 2018 Exhaustive Analysis of Changes in Excise Duty
Chapter 24: No change. Chapter 27: 1) A Road and Infrastructure Cess, as an Additional Duty of Excise, is being imposed on motor spirit commonly known as petrol and high speed diesel, falling under heading 2710, at the rate of Rs. 8 per litre. [Clause 110 read with the Sixth Schedule of the Finance Bill, […]...
Read MoreBudget 2018- Explanatory memorandum to Central Excise Notifications
Budget 2018- Explanatory memorandum to Notifications no. 01/2018-Central Excise to 13/2018- Central Excise all Dated 2nd February 2018:- S. NO. Notification No. Description 1. 1/2018- Central Excise dated 2nd February 2018 Seeks to rescind notification No. 10/2015-Central Excise dated 01.03.2015 2. 2/2018- Centr...
Read MoreSummary of CAG Report on Central Excise Tax for March 2017
Section 16 of CAG’s (DPC) Act, 1971 mandates CAG to audit receipts payable into the Consolidated Fund of India and to satisfy that the rules and procedures are designed to secure an effective check on the assessment...
Read MoreCBI arrests a Superintendent of Central Excise in alleged bribery case
Central Bureau of Investigation has arrested then Superintendent, Range-36, Central Excise, Nehru Place, New Delhi ( now Superintendent, GST Council, New Delhi) and a Tax Consultant (private person) in an alleged bribery....
Read MoreCBI 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)....
Read MoreCBEC 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....
Read MoreCESTAT on inclusion of value of cotton and waste, for determining entitlement for DTA clearance
M/s Parasrampuria International Vs CCE Indore (CESTAT Delhi) - The SCN dated 01.12.2006 had also proposed demand of duty on the cotton waste which stands cleared by the appellant in the DTA. The SCN also proposed including the value of such cotton waste for re-determining the DTA entitlement. But the adjudicating authority dropped the demand of duty on cotton w...
Read MoreMere Affixation of Brand on Tools by Embossing/Engraving not Amounts to Manufacture
Arihant Udyog Vs Arihant Udyog (CESTAT Mumbai) - Arihant Udyog Vs Arihant Udyog (CESTAT Mumbai) As per the activity the appellant is only carrying out affixation of brand on the tools i.e. spanner by embossing/ engraving. This process alone does not amount to manufacture. As regards other processes which are carried out by the job workers, it prim...
Read MoreMere Removal of MRP Stickers not amounts to Manufacture to impose excise duty
CCE & GST Vs M/s Amar Lal Bhawani (CESTAT Delhi) - CCE & GST Vs M/s Amar Lal Bhawani (CESTAT Delhi) Admittedly, the provisions of Section 2(f)(iii) provides deemed manufacture definition only when the goods are labelled or relabelled or MRP is altered, which itself establishes the fact of a fixation of MRP on the goods. In the absence of any all...
Read MoreCenvat credit allowable on Transportation of Samples by Courier
M/s Poddar Pigments Ltd. Vs CCE, Jaipur (CESTAT Delhi) - M/s Poddar Pigments Ltd. Vs CCE, Jaipur (CESTAT Delhi) Courier services stand utilised by the appellant for sending the samples to their prospective buyers and for procuring orders from them. Ld. Advocate also explains that they are not charging their buyers for the said samples, though duty is bein...
Read MoreExcise duty not leviable on Contract of Erection and Commissioning of Boiler
S.S. Engineer Vs Commissioner of Central Excise (CESTAT Mumbai) - Brief facts of the case are that the Appellant M/s S.S. Engineers are engaged in the sale of own manufactured goods and also engaged in trading of bought out items which are used in erection, installation and commissioning of Sugar Plant and other goods falling under chapter 84 of the First schedule...
Read More10% deposit for 2nd Appeal filing includes 7.5% Deposit made during 1st Appeal
F. No. 01/05/Circular/CESTAT/2015-CR - (05/07/2018) - on'ble High Court further directed that the appellants while preferring second appeal before the Tribunal are required to deposit 10% of the amount of duty/penalty as confirmed by the Appellate Authority inclusive of 7.5% pre-deposit made for the first appeal and that 10% would not be in addition to...
Read MoreConstitute Recovery Cell for cases where recovery is not made: CBEC
Circular No. 1066/5/2018-CX - (26/06/2018) - Commissionerates should constitute a Recovery Cell as laid down in the aforesaid Circular, and only those cases where recovery is not made by Departmental efforts and action needs to be taken for recovery by attachment and sale of property of the defaulter, as laid down In section 142 of the Customs...
Read MorePlace of Removal under Excise Act and CENVAT Credit Rules
Circular No. 1065/4/2018-CX - (08/06/2018) - As regards determination of ‘place of removal’, in general the principle laid by Hon’ble Supreme Court in the case of CCE vs Ispat Industries Ltd 2015(324) ELT670 (SC) may be applied. Apex Court, in this case has upheld the principle laid down in M/s Escorts JCB (Supra) to the extent that ‘...
Read MoreCBIC Introduces monetary limit at Commissioner (appeals) Level
F No 390/Misc/116/2017-JC - (25/05/2018) - Central Board of Indirect Taxes and Customs fixes a monetary limit of Rs 2,50,000/- below which appeal shall not be filed with the Commissioner (A). This limit would apply for legacy matters only and would also be applicable to cases currently pending at the level of Commissioner (Appeals) ....
Read MoreCBIC fixes monetary limit of Rs 2.5 Lakh for appeal filing with Commissioner (A)
F No 390/Misc/390/2017-JC - (15/05/2018) - In exercise of the powers conferred by Section 35R of the Central Excise Act, 1944 made applicable to Service Tax vide Section 83 of the Finance Act, 1994 the Central Board of Indirect Taxes fixes a monetary limit of Rs 2,50,000/- below which appeal shall not be filed with the Commissioner (A)....
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Recent Posts in "Excise Duty"
CESTAT on inclusion of value of cotton and waste, for determining entitlement for DTA clearance
M/s Parasrampuria International Vs CCE Indore (CESTAT Delhi) -
Mere Affixation of Brand on Tools by Embossing/Engraving not Amounts to Manufacture
Arihant Udyog Vs Arihant Udyog (CESTAT Mumbai) -
Mere Removal of MRP Stickers not amounts to Manufacture to impose excise duty
CCE & GST Vs M/s Amar Lal Bhawani (CESTAT Delhi) -
Cenvat credit allowable on Transportation of Samples by Courier
M/s Poddar Pigments Ltd. Vs CCE, Jaipur (CESTAT Delhi) -
Excise duty not leviable on Contract of Erection and Commissioning of Boiler
S.S. Engineer Vs Commissioner of Central Excise (CESTAT Mumbai) -
Cenvat Credit Rules can’t curtail Assessee’s entitlement to avail credit of inputs lying in stock as on the date of crossing the exemption limit
M/s Sanwariya Tiles Pvt. Ltd. Vs CEC&CGST (CESTAT Delhi) -
Right to avail Cenvat credit at the time of coming out of exemption scheme cannot be curtailed
M/s Sanwariya Tiles Pvt. Ltd Vs CEC&CGST (CESTAT Delhi) -
10% deposit for 2nd Appeal filing includes 7.5% Deposit made during 1st Appeal
F. No. 01/05/Circular/CESTAT/2015-CR - (05/07/2018) -
Cenvat credit allowable on MS Steel items used for structural support
Thiru Arooran Sugars Ltd. Vs Commissioner of Central Excise (CESTAT Chennai) -
Deposit paid during first appeal can be adjusted while filing second appeal
M/s Santani Sales Organisation Vs Central excise, customs and service tax appellate triubnal (Delhi High Court) -
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
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