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
Order cannot travel beyond allegations raised in SCN
Union Budget 2016 Analysis For Layman & Tax Practitioners
HC Decision on mandatory pre-deposit of duties & penalties
Cenavt Credit admissible for Service Tax Paid by DTA on behalf of SEZ under reverse charge mechanism
Denial of refund of accumulated CENVAT credit to exporter on post-clearance Services
Cenvat Credit refund cannot be denied when utilisation not possible
CENVAT credit admissible on Service tax on health care service expenses of factory staff
Cenvat Credit eligible on Service Tax Paid on pollution control expenses
Limitation for Issuing SCN Under Section 73 Enhanced
15 Steps taken by Govt. for welfare of indirect tax payers
Simplified Export Procedure for Exempted Units – Exporter of Ready-Made Garments
Prior permission to transfer Cenvat Credit after Amalgamation/Merger
Watch Union Budget 2016 changes in Service Tax & Excise Duty
Clarifications on Excise Duty imposed on jewellery
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
