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
Seeks to exempt from excise duty goods required for National AIDS Control Programme funded by GFATM
Regarding facility of centralized registration to manufacturers of aluminium roofing panel
Amendments in Cenvat Credit Rules in 2015 at a Glance
Indirect & Direct Tax Due Dates For June, 2015
Changes in Cenvat Credit Rule 4(1) & Rule 4(7) from 01.03.2015 & its applicability with respect to POT Rule 7
Reversal of Cenvat credit on inputs in case of slump sale of on-going factory
Extended period cannot be invoked, if, even as per Department, there were doubts as to whether process amounted to manufacture
Merely on the basis of stock statement submitted with banks undervaluation cannot be proved
Notification No. 32/2015-Central Excise Dated- 4th June, 2015
Freight & other costs includable in value of goods where transfer of property takes place at buyer's premises
No refund/ rebate claim should be withheld on the ground that an appeal has been filed
Notification No. 31/2015-Central Excise Dated 28th May, 2015
Notification No. 16/2015-Central Excise (N.T.) Dated-26th May, 2015
Refund of excess Excise duty permissible on reduction in contract price after clearance of goods from factory
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
