Excise Duty
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Evidentiary Value of Retracted Statement
Govt amends service rules of Customs & Central Excise Settlement Commission members
Notification No. 33/2016-Central Excise Dated: 02.09.2016
Review Committee of Chief Commissioners of Central Excise, Service Tax and Customs
Withdrawal of appeals by Department before CESTAT/HC to reduce itigation
Processing of steel scrap into blended steel scrap amounts to manufacture – AAR
Mere Crushing of Coal does not amount to manufacture: AAR
Activity of mere Loading software in a device does not amount to manufacture – AAR
Tax Laws passed by Legislature not open to judicial review – SC
Activities relating to spectacles, frames & tagging of jewellery does not amount to manufacture– AAR
Activities intended to protect goods and facilitate inventory management & storage does not amount to manufacture- AAR
Accounting of wastages in jewellery industry post excise duty introduction
Download ER-8 return excel utility – Jewellery Manufacturers
Scheme of Rebate of State Levies on Export of Garments 2016
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
