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
Appointment of CAA in respect of SCNs issued to units of Vishnu Pouch Packaging Pvt. Ltd
EOU eligible to avail exemption as per notification no. 10/1997-CE dated 1.03.1997
Goods used as input qualify for MODVAT credit, Irrespective of name on Bill of Entry
Appeal against Revocation of Central Excise Registration Meaningless After GST Implementation
Refund claim hit by principles of unjust enrichment on failure to prove that incidence of duty not passed on
When no other price available at time of stock transfer value should be determined via best judgment method
CESTAT Quashes Excise Duty Demand on Cenvated Inputs used in Job Work
Demand as job worker unsustained in absence of supply of goods by principal manufacturer
Cenvat Credit Rejection Requires Consideration of Evidences, Not Assumptions
Utilization of CENVAT Credit within same entity does not cause loss to Exchequer
HC allows Appeal Revival before CESTAT with Pre-Deposit Payment
Refund allowed by Appellate Authority cannot be ignored on ground that Revenue decided to challenge such Order
Unused CENVAT Credit does not incur any interest liability: CESTAT Kolkata
Trade discount is not to be added in the assessable value
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
