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
CESTAT allows refund of pre-deposit along with interest
Department cannot be allowed to proceed with SCN after more than 16 years: HC
Refund of Cenvat Credit cannot be claimed as credit in Service Tax Return
Publicity not required for availing benefit of Exemption Notification No. 88/88-C.E.
Assessee eligible for cash refund of cessess lying as cenvat credit balance as on 30/06/2017
Unused CENVAT credit cannot be encashed without following the procedure
Certain important changes under central excise
SVLRDS-1 cannot be denied merely for issue of Summons after cut-off date of 30.06.2019
Whether excise duty is payable on mixing of Ethanol with Petrol (under unjust enrichment concept)
Completion of Investigation not a Condition Precedent for Eligibility under SVLDR Scheme 2019
No interest to be levied by Commissioner on assessee-company under CENVAT Credit Rules
Transitional credit will be subjected to provisions of Rule 4(1) of CCR, 2004
CENVAT credit cannot be denied due to invoice issued in the name of head office having with centralised registration
Valuation of tobacco & tobacco products for payment of BED & NCCD
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
