CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
Excise Duty : India reduced excise duty on petrol and diesel to offset rising global crude prices due to geopolitical tensions. The move aimed t...
Goods and Services Tax : Budget 2026 revamps Customs, Excise, and GST to simplify compliance and boost exports. The key takeaway is a trust-based, technolo...
Goods and Services Tax : The Bill introduces relief on post-supply discounts, export taxation, refunds and intermediary services. It also simplifies custom...
Excise Duty : Discover how the Central Excise (Amendment) Act, 2025 revamps tobacco taxation, introducing steep excise duties on cigarettes, che...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
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Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...
Excise Duty : CESTAT Hyderabad held that rule 7 of Cenvat Credit Rules, 2004 is just a procedure and procedural lapse cannot be ground to deny t...
Excise Duty : CBIC has amended Notification No. 08/2026-Central Excise to revise the SAED rate on ATF exports outside India to Rs. 12.5 per litr...
Excise Duty : CBIC has amended Notification No. 06/2026-Central Excise to revise the SAED rate on diesel exports outside India to Rs. 14 per lit...
Excise Duty : Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol...
Excise Duty : Notification No. 28/2026-Central Excise exempts E22, E25, E27 and E30 petrol blends from additional excise duty in the form of Roa...
Excise Duty : Notification No. 27/2026-Central Excise extends Nil special additional excise duty benefits to E22, E25, E27 and E30 petrol blends...
Circular No. 554/50/2000-CX I am directed to state that representations have been received in the Board seeking clarifications as to whether Additional Excise Duty under Textile and Textile Articles Act, 1978 (hereafter referred to as AED (T&TA) is leviable or not on cotton / man made yarns manufactured and cleared into DTA by a 100% EOU using indigenous raw materials.
“Export Oriented Unit” means a Hundred Percent Export Oriented Unit as approved by the Board of Approvals appointed by the notification of the Government of India in the Ministry of Industry, Department of Industrial Policy and Promotion or the Development Commissioner concerned.
Circular No 553/49/2000-CX A doubt has been raised whether LD Slag arising in bulk in Steel plants would be classifiable under sub-heading 3103.00 as mineral or chemical fertilizers, phosphatic or under heading 2619.00 as slag, dross (other than granulated slag), scalings and other waste from manufacture of iron or steel
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 6/2000-Central Excise, dated the 1st March, 2000 [G.S.R.184 (E), dated the 1st March, 2000.
Circular No. 552/48/2000-C It is directed to say that while examining reports received from all the Commissioners in response to PAC”s Advance Questionnaire on Audit Para 2.5/97-98, relating to steps taken for recovery of confirmed demands, it is observed that the powers acquired for attachment and sale of defaulters property under the Customs (Attachment of Property of Defaulters for recovery of Government dues) rules, 1995, as made applicable to the Central Excise
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944) the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance
The principal notification was published in the Gazette of India, Extraordinary, vide notification No. 64/95-C.E. dated 16th March, 1995 [G.S.R. 256(E), dated the 16th March, 1995] and was last amended by notification No. 46/2000-Central Excise, dated the 28th August, 2000[G.S.R.680(E), dated the 28th August, 2000.
Circular No 551/47/2000-CX I am directed to refer to instructions issued by the Board under Circular No.491/57/99- CX (F.N0.206/10/99-CX.6) dated 28th October, 1999 regarding implementation of Excise Audit-2000 and other subsequent instructions issued thereafter by Circular No.514/10/2000-CX dated 16th February, 2000 and by D.O. of Member, Central Excise of even number dated 19th July, 2000 and to say that initially it was decided that for the first six months,
Notification No. 6/97-Central Excise, dated the 1st March, 1997 was published vide G.S.R.112 (E), dated the 1st March, 1997 and was last amended by notification No. 11/2000-Central Excise, dated the 1st March, 2000 [G.S.R. 189(E), dated the 1st March, 2000.
Circular No. 550/46/2000-CX Please refer to Board”s circular No. 519/15/2000-CX dated 03/03/2000 issued from F.No. 390/31/2000-JC vide which Commissioners were directed to forward comments on appeals filed by assessees in a prescribed proforma. Despite issue of aforesaid circular, there is no appreciable improvement in forwarding of relevant papers to the Board after receipt of the same in commissionerate. The Commissioners should be aware that the Central Board of Excise
