Excise Duty - Page 10

Adhere to time frame for filing of SLPs and Appeals in SC: CBEC Chairman

DO. No. 07/CH(EC)/2018 (16/02/2018)

CBEC has already put in place a mechanism to prevent delay in filing of SLPs and Appeals in the Hon'ble Supreme Court and a letter dated 1st June 2017 to this effect has already been circulated indicating revised time-frames. This is also available in the CBEC website. May I request you all to strictly adhere to the time frame indicated i...

Read More

No Cenvat credit admissible on outward transportation services from factory to buyer’s premises

Commissioner of Central Excise & Service Tax Vs. Ultra Tech Cement Limited (Supreme Court)

Whether Goods Transport Agency (GTA) services availed for transportation of goods from place of removal to buyer’s premises will be considered as input service within ambit of Rule 2(l) of Cenvat Credit Rules, 2004?...

Read More

CBEC: 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 More
Posted Under: Excise Duty |

No excise on supply of various bought-out electrical items and accessories as BPL Kits

M/s TGL Enterprises Pvt Ltd Vs. Principal CCE (CESTAT Delhi)

Quashing the demand of excise duty on the activity of providing BPL Kits, the Delhi bench of the CESTAT observed that to levy central excise duty on any goods, the same should have been produced or manufactured in India....

Read More

CBEC: 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 More
Posted Under: Excise Duty |

Notification No. 16/2018-Central Excise, Dated: 02.02.2018

Notification No. 16/2018-Central Excise [G.S.R. 144 (E)] (02/02/2018)

Notification No. 16/2018-Central Excise In exercise of the power conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944 ( 1 of 1944), the Central Government considers it necessary for the purpose of clarifying the applicability of the notification of the Government of India in the Ministry of Finance (Department of Re...

Read More

Notification No. 15/2018-Central Excise, Dated: 02.02.2018

Notification No. 15/2018-Central Excise [G.S.R. 143 (E)] (02/02/2018)

Notification No. 15/2018-Central Excise In exercise of the power conferred by sub-section (2A) of section 5A of the Central Excise Act, 1944 ( 1 of 1944), read with section 133 of the Finance Act, 1999 (27 of 1999), the Central Government considers it necessary for the purpose of clarifying the applicability of the notification of the Gov...

Read More

Notification No. 14/2018-Central Excise, Dated: 02.02.2018

Notification No. 14/2018-Central Excise [G.S.R. 142 (E)] (02/02/2018)

Notification No. 14/2018-Central Excise: Central Government considers it necessary for the purpose of clarifying the applicability of the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 7/2018-Central Excise, dated the 2nd February, 2018, published in Gazette of India, Extraordinary, Part II...

Read More

Seeks to exempt high speed diesel oil blended with alkyl esters of long chain fatty acids

Notification No. 13/2018-Central Excise [G.S.R. 139 (E)] (02/02/2018)

Seeks to exempt high speed diesel oil blended with alkyl esters of long chain fatty acids obtained from vegetables oils, commonly known as bio-diesels, up to 20% by volume, that is, a blend, consisting 80% or more of high speed diesel oil from the additional duty of excise (road and infrastructure cess) levied under clause 110 of the Fina...

Read More

Seeks to exempt 10% ethanol blended petrol from additional duty of excise

Notification No. 12/2018-Central Excise [G.S.R. 138 (E)] (02/02/2018)

Notification No. 12/2018-Central Excise Seeks to exempt 10% ethanol blended petrol from additional duty of excise (road and infrastructure cess) levied under clause 110 of Finance Bill 2018...

Read More

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

Featured Posts