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
Statements Under Section 14 of Central Excise Act Invalid Without Section 9D Compliance
Cenvat on Iron & Steel denied as usage for manufacture of capital goods not verified
Confiscation Upheld for Unauthorized Manufacture & Clearance of Pan Masala/Gutkha
Extended Period Not invocable Without Proof of Wilful Misstatement or Suppression
CESTAT overturns refund rejection citing under Protest payment & price regulation
CESTAT Allows Refund of excise duty under protest to Allied Chemical
Gujarat HC Interprets Adjournment Provision Under Excise Act
In “For” Destination Cases Freight & Insurance Includable In Assessable Value For Payment Central Excise Duty
CESTAT Denies Cash Refund for Unused Credit After Closure of manufacturing activities
Excise: Interest on Refunded Pre-Deposit Amount Under Section 35FF Is a Statutory Right
HC: Refund of Unutilised Cenvat Credit Ordered; Accumulated Credit Doesn’t Lapse
Preliminary Excise Orders Not Appealable: SC
CESTAT Allows Cash Refund for Unutilized Cenvat Credit from Pre-GST Era
Exporters entitled to both input side and output side rebate u/r 18 of Central Excise Rules
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
