Excise Duty - Page 418

Central Excise – Benefit of Notification No. 73/90-CE dated 20.3.1990 – Rural Automatic Exchanges – Regarding

Circular No. 18/18/94-CX (09/02/1994)

Circular No.18/18/94-CX In terms of notifications No. 73/90-CE dated 20th March, 1990, Concessional rate of duty of 15% have been prescribed for Rural Automatic Exchanges (RAX) (upto 512 Ports) subject to the condition that the manufacturer produces at the time of clearance a certificate from an officer not below the rank of General Mana...

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Classification of Surface Finishing & Electroplating Chemicals Regarding

Circular No. 16/16/94-CX (08/02/1994)

Circular No.16/16/94-CX 2. The mater was referred to the Chief Chemist, CRCL, New Delhi for his opinion in the matter. Chief Chemist, CRCL has stated (copy of the opinion enclosed) that the technical information available reveals that various substances or formulations are used for the treatment of the metal before it is electroplated. ...

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CE-Crediting of excess excise duty on levy sugar realised by Collectors of Central Excise to levy sugar price Equalisation Fund

Circular No. 15/15/94-CX (08/02/1994)

Circular No.15/15/94-CX Instances have come to the notice of the Board where sugar factories availed the duty concession prescribed under Notification No. 130/83 and 131/83 both dated 27.4.83 and as per Directorate of sugar"s order dated 4.11.87 the new sugar factories paid duty at the concessional rate of Rs. 38/- per quintal and collec...

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Circular No. 17/17/94-CX-6 Dated 6/2/1994

Circular No. 17/17/94-CX.6 (06/02/1994)

Circular No.17/17/94-CX.6 The procedural restriction envisaged in sub-rule (2) and (2A) of rule 224, read with sub-rule (2) of rule 173HG of the Central Excise Rule, 1944, regarding removal of excisable goods after 6 P.M. on the day preceding the Budget Day and also on the Budget Day, should be strictly enforced on all assessees, includi...

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Appointment of common adjudication authority – forwarding of Order No. 1A/94-CX-6 dated 3rd February, 1994

Circular No. 14/14/94-CX (04/02/1994)

Circular No.14/14/94-CX I am directed to enclose herewith a copy of Order No. 1A/94-CX-6 dated 3rd February, 1994 on the above subject. Order No. 1/94-CE dated 5th January, 1994 on the same subject stands cancelled....

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Central Excise – Determination of thickness of Laminated Safety Glass – Doubts regarding

Circular No. 13/13/94-CX (03/02/1994)

Circular No.13/13/94-CX Laminated Safety Glass falling under heading No. 7004.20 is chargeable to concessional rate of duty @ Rs. 31.50 per mm. thickness or part thereof per Sq. mt. in terms of S.No. 4 of Notification No. 68/87 dated 1.3.87 as amended....

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Circular No. 12/12/94-CX Dated 3/2/1994

Circular No. 12/12/94-CX (03/02/1994)

Circular No. 12/12/94-CX Representations have been received from the Consumer Electronics and TV Manufacturers Association that their member units who are engaged in the manufacture of black and white television sets (henceforth referred to as T.V.) have been asked to pay duty on black and white T.V. minus the picture tube. ...

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Circular No. 11/11/94-CX Dated 2/2/1994

Circular No. 11/11/94-CX (02/02/1994)

Circular No. 11/11/94-CX I am directed to invite your kind attention to Circular No. 33/90-CX.4 dated 28.08.1990 wherein it was clarified that Stampings and Laminations classifiable under Chapter 83 of the Central Excise Tariff Act, 1985 are not entitled to exemption as per S.No. 16 of the Table annexed to Notification No. 64/86 as amend...

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Levy of AED under Finance Act, 1985 on TV sets under Rule 13 of Central Excise Rules- Regarding

Circular No. 10/10/94-CX.6 (01/02/1994)

Circular No.10/10/94-CX.6 I am directed to refer to Para 2 of Board"s Circular No. 11/91-CX.6 dated the 3rd July, 1991 (F.No. 209/5/91-CX.6) on the above mentioned subject. It is advised that adjudication proceedings in respect of demands raised for A.E.D. on T.V. sets may be taken up since no such exemption from duty is being contempla...

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Circular No. 8/8/94-CX dated 31/1/94

Circular No. 8/8/94-CX (31/01/1994)

Circular No. 8/8/94-CX Certain doubts have been expressed as to whether the benefit of exemption as contained in Notification No. 54/93-CE (Sl. No.5) is available to household type washing machines or the said concession is applicable only to parts of household type washing machines....

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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