Excise Duty
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Magistrate cannot release the vehicle during confiscation proceedings under U.P. Excise Act
CESTAT upheld validity of Issue of two SCNs for the same Period
CESTAT explains related person & inter-connected undertakings for Central Excise Valuation rules
CESTAT allows Refund of CVD/SAD as such credit is no available under GST
Pre-show-cause notice consultation not Mandatory but Directory & Discretionary
Cenvat Credit on repair & maintenance of windmill located outside factory premises allowable
Refund not eligible for Cenvat Credit Reversed Voluntarily before transition to GST
SSI exemption cannot be denied for use of foreign brand name under agreement
CESTAT allows refund of Cenvat Credit of Sugar Cess
Amount deposited against alleged wrong Cenvat Credit availment refundable if No SCN was issued
State can levy excise duty only on alcoholic liquor for human consumption: SC
SVLDRS benefit not available if petitioner not complies with its conditions: SC
Excise Duty: Mere embossing Customer name on goods not amounts to Branding if such goods are not sold by customers of Manufacturer
Fake Invoices: CENVAT Credit not allowable
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
