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 Sets Aside Credit Demand as Eligibility of Input Service Credit Was Not Disputed
Discount on Demo Vehicles Not Deductible as Demo Cars Identical to Normal Cars: CESTAT Chennai
CESTAT Allows Cenvat Credit as Steel Items Used for Plant Maintenance Qualify as Inputs
Denial of CENVAT Credit Set Aside as Services Used in Relation to Business of Manufacture
CESTAT Allows Appeal as New Grounds Not Raised in SCN Cannot Be Considered Later
Extended Limitation Invalid Where Assessee Disclosed Details in Returns & Audits: CESTAT Delhi
Soil Conditioner Classification Dispute Remanded Because NPK Threshold Not Examined: CESTAT Ahmedabad
Refund of Amount Paid Under Protest Entitles Assessee to 12% Interest from Deposit Date: CESTAT Allahabad
CBI Court Sentences Ex-Central Excise Officer
CENVAT Credit on employee transportation inadmissible from 01.04.2011
CENVAT Credit on inputs used in generation of electricity not admissible on electricity that is transferred to grid
Simultaneous Excise Appeal & Rectification Not Permissible, SC Stays High Court Order
Royalty Included but Other Levies Excluded from Transaction Value Due to Statutory Nature
Nil Excise Duty Granted on Unbranded, Non-Retail Tobacco to Differentiate Raw Trade from Consumer Market
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
