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
Excise Duty Rate hike of 2 pc likely in 2011-12 Budget
Amendment in Notification No. 45/2001- CE(NT)-This notification specifies the conditions, safeguards and procedures for Export under bond to Nepal or Bhutan
Regarding levy of excise duty on goods manufactured at the site of construction for use in construction work
Permanently fixed furniture too subject to excise – SC
Excise Duty- Clarification issued regarding exemption from filing of ER-4, ER-5 and ER-6 returns
Budget 2011- Some Issues In Indirect Taxation
Clarification regarding excisability of Bagasse prior to budget of 2008
CESTAT bench must follow decision of coordinate bench
Finance Minister Presents Presidential awards to Officers of Customs and Central Excise and Directorate of Enforcement
SC on Valuation of free physician samples manufactured & distributed
Excise – Applicability of Interest on refund of pre-deposit amount
CBI Registers a case against Assistant Commissioner, Superintendent and Inspector of Central Excise for Corruption
Indirect Tax Collections up 42.8 Percent During April –December, 2010 75.7 Percent of Budget Estimates Achieved
Appeal against levy of central excise dismissed
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
