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
Private Records Alone Cannot Prove Clandestine Manufacture & Clearance: CESTAT Ahmedabad
CESTAT Upholds GAR-7 Challan as Valid Document for Availing CENVAT Credit
CESTAT Hyderabad Allows CENVAT Credit on Factory Lease Services
CESTAT Kolkata Allows Excise Exemption, Procedural Lapse Cannot Defeat Notification Benefit
Orders Upholding Pan-India Powers of Central Excise Officers Confirmed: Madras HC
CESTAT Must Decide Limitation Before Remanding Excise Case: Karnataka HC
Procedural Defects in ISD Documents Cannot Deny CENVAT Credit: CESTAT Kolkata
CESTAT Allows CENVAT Credit on Executive Jet Hire & Aviation-Related Input Services
CENVAT Credit on Factory Repair Services & GTA Input Service Allowed: CESTAT Delhi
CENVAT Credit on Steel Items and Welding Electrodes Allowed: CESTAT Kolkata
No Rule 6 Cenvat Liability on Wet Bhoosi, Chilka & Malt Waste: CESTAT Chandigarh
Rule 6 CENVAT Demand on Input Services for Captive Power Plant Set Aside: CESTAT Hyderabad
Cash Refund of Post-GST CVD & SAD Allowed: CESTAT Mumbai
Rule 6 Demand on Electricity from Waste Coke Oven Gas Set Aside: CESTAT Kolkata
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
