Excise Duty
Log in to FollowExcise Duty Act, Rules Articles News Notification Circulars Instructions. Input Credit, Cenvat, Duty Rate, SSI Exemption, Excise on Jewellery,Excise on Garment
CBIC exempts E12 & E15 blended fuel from Road & Infrastructure Cess
CBIC exempts E12 & E15 blended fuel from Special additional excise duty
CBIC can appoint officers of DGCEI to act as Central Excise Officer: HC
C&F Agent Service is admissible input service under Cenvat Credit Rules
Extended Limitation cannot be invoked if SCN was issued based on balance sheet
Excise Act Limitation not Applicable to balance in PLA
No Excise Duty or Reversal of Cenvat Credit on Removal of Empty packaging
Duty demand by treating buyer’s premises as place of removal is unsustainable
Recovery more than pre-deposit, based on order never served on petitioner, is illegal
Cenvat credit eligible on warranty service via third party on FOC basis
CESTAT deletes penalty which was imposed for denial of area based exemption
Excisability of waste/residue – CBIC withdrawn Circular No. 1027/15/2016-CX
CORRIGENDUM to Notification No. 08/2022-Central Excise
CENVAT Credit eligible on items of iron & steel used in maintenance of existing plant & machinery
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
