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
Cenvat credit not eligible on Canteen Services to Employees wef 01.04.2011
Assessee entitled to claim refund of service tax paid under RCM after 30.06.2017
HC dismisses Writ against SCN as pre-mature on grounds of alternate remedy
Impact of Rising Excise Duties of Fuel/LPG on income inequality
No prohibition under Rule 9 of Central Excise Rules, 2002 on issue of two registration certificates for one and same premises
CESTAT allows Cenvat credit on maintenance & repair work of residential colony
CESTAT allows refund of CVD/SAD as after 30.06.2017 under GST regime credit is not available
SC to decide on Classification of `Nimbooz’
CBDT condones delay in filing of Form-10 IC
Cenvat refund of unutilised credit is permissible when it is not possible to utilise such credit
Once Cenvat credit is debited, it is as good as not taking credit at all
Revenue cannot take the plea of transfer of jurisdiction due to GST regime
Extended Limitation cannot be invoked in absence of Fraud by Taxpayer
Cenvat Credit cannot be denied for wrong classification by supplier
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
