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
Duty exemption when cleared against a Focus Market Scheme duty credit scrip issued to an exporter
Regarding exemption under Focus Product Scheme (FPS)
Sec. 11B – Time Limit to claim refund not applies to duty paid under protest
Adjudicating authority cannot reject authorization granted by approval committee in respect of input services
Appellate Authority must quantify service tax liability in an appeal seeking upward revision of taxes
Regarding extension of Bank Guarantee as an option in respect of duty exemption for Mega/ Ultra mega power projects
CESTAT to List Appeals Within Four Weeks
If Excise Duty is paid under mistake of law than provisions of Sec.11B not applies
Finance Act 2012 related to Excise, Custom, Service Tax
When order challenged in appeal before the Tribunal itself is not in existence, then appeal filed against the interim order in that appeal certainly not maintainable
CENVAT Credit (6th Amendment) Rules, 2012 to amend CENVAT Credit Rules, 2004
Regarding procedure, safeguards, conditions and limitations for grant of refund of CENVAT credit under Rule 5 of CENVAT Credit Rules, 2004
No liability to pay excise duty on used capital goods
Assessee can take credit in respect of inputs which are used in manufacture of exempted goods
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
