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
Delhi HC Dismisses Petition; IMFL Excise License Rejection to be Appealed
Calibration Tests & Appliance Upgrades don’t Constitute Manufacturing
Matter remanded for fresh re-consideration as cross-examination of key witnesses not allowed
Not allowing cross-examination of key witnesses vitiates the proceedings
CENVAT Credit of materials used in manufacture of capital goods is duly available
Clearance of boiler in unassembled form doesn’t mean that only parts are cleared
No duty on intermediate products as goods supplied against international competitive bidding
Goods brought in factory premises without proper invoice establishes clandestine removal of goods
Welding electrodes used for Plant repair are inputs but not part of manufacturing process
Invocation of extended period of limitation in absence of intention to evade duty is unsustainable
SC Sets Deadline for Adjudication of 10-Year-Old CENVAT Credit Case
CESTAT Upholds Rejection of Telecom Company’s Refund Claim under Customs Act
CESTAT Criticizes Department’s ‘Pick & Choose’ approach to Reopen Finalized Cases
Physician samples to be value as per rule 4 of Central Excise Valuation Rules, 2000
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
