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
CBIC amends notification No. 11/2017-Central Excise dated 30-06-2017
CBIC amends Fourth Schedule to the Central Excise Act, 1944
Govt extends SVLDRS 2019 scheme till 15.01.2020
Sabka Vishwas date extended upto 15 Jan, taxpayers commit Rs 30627 Cr
Implementation of Matharoo judgment – clarification regarding
Exemption of particular duty does not automatically exempt other duty or cess
CBIC reaches out to BSE members on SABKA VISHWAS Scheme
Delhi HC rules Central Excise Duty rebate claim filed after expiry of 1 year as ineligible
Writ petition not maintainable if Excise authorities has not passed adjudication order within Limitation period
No extension of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019- CBIC clarifies 9 Issues
Even if excise duty was legally not payable, credit cannot be denied
Area based Excise Duty exemption not cover exemption from Education Cess, NCCD
‘Nimbooz’ cannot be classified as ‘Lemonade’ : CESTAT Chennai
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
