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
Export to Nepal in INR and FOC export – whether excise duty benefit is available
Suggestions from the Industry and Trade Associations for Budget 2015-16 Regarding changes in direct and indirect taxes
Constitution of Review Committee of Commissioners of Central Excise – Reg
Determination / Definition of place of removal – Clarification
Micro Nutrient Mixtures -Whether it is Plant Growth Regulator or Other Fertiliser under Central Excise classification?
Cenvat credit allowable of duty paid on raw material used for research and development activities within the 100% EOU
Constitution of Review Committee of Chief Commissioners of Central Excise
Amendment of Notification No. 27/2014 – Central Excise (NT) dated 16.09.2014
Export warehousing –Extension of facility at Bhuj Taluka in Kutch District in the state of Gujarat – regarding
Appointment of Officers of Central excise working in Audit Formations and investing them with powers of Central Excise Officers
Cenvat credit need not required to be reversed on capital goods which were imported and subsequently re-exported
Communication of Appellate Authority’s order to Commissioner would amount to communication to Adjudicating Authority
Excise Audits have adequate Statutory Backing
Cenvat credit is available on capital goods used for manufacture of exempted intermediary products which are used in turn for manufacturing of dutiable final product
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
