Excise Duty - Page 418

Central Excise – Destruction of Tea Wastes – Reg.

Circular No. 3/3/94-CX.6 (13/01/1994)

Circular No. 3/3/94-CX.6 2. It has been brought to the notice of the Board that tea Waste has been piling up and has assumed critical dimensions due to unwillingness of the Excise authorities to supervise destruction of tea waste or its conversion into compost in view of the abolition of Central Excise duty on tea....

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Central Excise – Section 4(4) (d) – Deduction of “Sales tax payable” from the cum-duty price – Regarding –

Circular No. 2/2/94-CX (11/01/1994)

Circular No. 2/2/94-CX The issue regarding actual amount of "Sales tax payable" which can be deducted from the cum-duty-price for purpose of determining assessable value for excise purposes has been raised by Internal Audit in Bombay and AG"s audit as well. The matter was referred by Principal Collector, Bombay to Branch Secretariat, B...

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Circular No. 7/7/94-CX Dated 6/1/94

Circular No. 7/7/94-CX (06/01/1994)

Circular No. 7/7/94-CX In exercise of the powers conferred by Notification No. 354/86-Central Excise dated the 20th June, 1986, Central Board of Excise & Customs, hereby assigns to the Collector of Central Excise (II) Delhi, the cases annexed to this order for the purpose of investigation and adjudication....

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Notification No. 103/93-Central Excise; Dated : 27.12.1993

Notification No. 103/1993-Central Excise (27/12/1993)

For the purposes of this notification, "Export and Import Policy" means Export and Import Policy, 1st April, 2002 - 31st March, 2007, published by the Government of India in the Ministry of Commerce and Industry vide notification No.1/2002-07, dated 31st March, 2002, as amended from time to time....

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Consumer Welfare Fund Rules, 1992

Notification No. 29/1992-Central Excise (N.T.) (25/11/1992)

In exercise of the powers conferred by sub-section (2) of section 37, read with section 12D of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government, hereby makes the following rules...

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Summons should not be used for harassing top management

F No. 208/122/89-CX.6 (13/10/1989)

F. No 208/122/89-CX.6 dated 13.10.1989 Complaints have been received from the trade that in some of the Collectorates summons under Section 14 of the Central Excises and Salt Act, 1944 are being issued to the Managing Directors and other high officers with a view to enforce recovery of dues which are under dispute. ...

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Notification No. 145/1989-Central Excise; Dated: 19.05.1989

Notification No. 145/1989-Central Excise (19/05/1989)

The condition of this bond is that if the obligor(s) and his/their legal representatives shall observe all the provisions of the Notification No. 145/89-Central Excises, dated the 19th May, 1989, and all the provisions of the Central Excise Rules, 1944, and all such amendments thereto, as maybe issued fromtime to time, to be observed in r...

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Disposal of perishable goods immediately after seizure

Notification No. 29/1988-Central Excise (N.T.) (21/10/1988)

List of goods notified under Section 110(1A) of the Customs Act, 1962 and as made applicable to Central Excise. - In exercise of the powers conferred by sub-section (1A) of Section 110 of the Customs Act, 1962 (52 of 1962) as made applicable to the duties of excise vide notification of the Government of India in the Ministry of Finance (D...

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Delegation of Board’s Powers to Chief Commissioners

Notification No. 22/1988-Central Excise (N.T.) (04/08/1988)

Notification under Section 37A - In exercise of the powers conferred by clause (a) of Section 37A of the Central Excises and Salt Act, 1944 (1 of 1944), the Central Government hereby directs that the powers exercisable by the Central Board of Excise and Customs under Rules 51A...

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Notification No. 397/86-Central Excise; Dated: 26.08.1986

Notification No. 397/1986-Central Excise (26/08/1986)

For the purpose of this notification, "Cochin Export Processing Zone" means the Cochin Export Processing Zone at Cochin comprising of the places bearing the survey numbers, location, area and enclosed by the boundaries specified below....

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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