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Excise Duty

Excise Duty Act, Rules Articles News Notification Circulars Instructions. Input Credit, Cenvat, Duty Rate, SSI Exemption, Excise on Jewellery,Excise on Garment

Excise DutyPenalty under excise Rules cannot be imposed merely for mere non-filing of separate appeal by Managing Partner
Excise Duty

Penalty under excise Rules cannot be imposed merely for mere non-filing of separate appeal by Managing Partner

Editor18 years ago
Excise DutyCESTAT on inclusion of value of cotton and waste, for determining entitlement for DTA clearance
Excise Duty

CESTAT on inclusion of value of cotton and waste, for determining entitlement for DTA clearance

Editor18 years ago
Excise DutyRight to avail Cenvat credit at the time of coming out of exemption scheme cannot be curtailed
Excise Duty

Right to avail Cenvat credit at the time of coming out of exemption scheme cannot be curtailed

Editor18 years ago
Excise DutyCenvat 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
Excise Duty

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

Editor18 years ago
Excise DutyCBIC Introduces monetary limit at Commissioner (appeals) Level
Excise Duty

CBIC Introduces monetary limit at Commissioner (appeals) Level

TG Team8 years ago
Excise DutyNo Penalty can be levied for delayed filing of E-Returns If Manual Returns filed within Time
Excise Duty

No Penalty can be levied for delayed filing of E-Returns If Manual Returns filed within Time

Editor18 years ago
Excise DutyCBIC fixes monetary limit of Rs 2.5 Lakh for appeal filing with Commissioner (A)
Excise Duty

CBIC fixes monetary limit of Rs 2.5 Lakh for appeal filing with Commissioner (A)

Editor8 years ago
Excise DutyComponents of boilers cleared as parts but essential to put into operation the boilers, would be classifiable under sub-heading 8402.10
Excise Duty

Components of boilers cleared as parts but essential to put into operation the boilers, would be classifiable under sub-heading 8402.10

Editor8 years ago
Excise DutyOutbound transportation from place of removal gets covered by definition of input service
Excise Duty

Outbound transportation from place of removal gets covered by definition of input service

Editor18 years ago
Excise DutyActivity of fixing MRP stickers amounts to manufacture & liable to excise duty
Excise Duty

Activity of fixing MRP stickers amounts to manufacture & liable to excise duty

Editor8 years ago

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