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...
CA, CS, CMA : ITIRS 2018 encourages citizens to report substantial tax evasion, guaranteeing confidentiality and structured rewards. False repor...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
Excise Duty : A special court imposed five years’ rigorous imprisonment and heavy fines after finding assets far beyond known income. The ruli...
Excise Duty : The FAQs clarify how excise duty on chewing tobacco, jarda, and gutkha will be levied based on packing machine capacity rather tha...
Income Tax : MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction...
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 : The government amended the excise notification to revise the duty rate to Rs. 31.5 per litre. The change is effective immediately ...
Excise Duty : Finance Ministry amends Notification 08/2026 to raise SAED on export of ATF to Rs 42 per litre, effective immediately from April 1...
Excise Duty : The government amended an earlier excise notification to revise the applicable rate to ₹24 per litre. The change has been made i...
Excise Duty : Government has increased Road and Infrastructure Cess on high speed diesel to ₹36 per litre through a new notification. The chan...
Excise Duty : Finance Ministry increases Special Additional Excise Duty on high speed diesel to Rs 24 per litre by amending Eighth Schedule, eff...
Circular No 512/8/2000-CX Some doubts have been expressed whether parts falling under Chapters other than 86 of goods falling under heading 86.01 to 86.06 when within the factory in the manufacture of goods falling under heading 86.01 to 86.01 will be eligible for the exemption under Notification No.5/99-CE dated 28.2.99 (SL.No.266)
The principal notification No. 33/99-Central Excise, dated the 8th July, 1999 was published in the Gazette of India , Extraordinary vide G.S.R. 509(E), dated the 8th July, 1999 and was last amended by notification No. 1/2000-Central Excise, dated the 17th January, 2000 [G.S.R. 49(E), dated the 17th January, 2000].
Circular No. 510/06/2000-CX It is directed to say that doubts have arisen relating to the determination of the amount of rebate of excise duty in cases where prices of export-goods are doubted in foreign currency and as Valero excise duty is paid after converting the value in equivalent Indian rupee. Another doubt is that once duty is paid, should rebate be reduced and if the rebate is reduce, can the manufacturer be allowed to take reaccredit of the duties paid through debits in RG-23A Part-II or RG-23C Part-II
Whereas the Central Government is satisfied that according to a practice that was generally prevalent regarding levy of duty of excise (including non-levy thereof) under section 3A of the Central Excise Act, 1944 (1 of 1944), the duty of excise on goods mentioned in column (2) of the Table below and falling within the sub-heading number of the First Schedule to the Central Excise Tariff Act, 1985
The principal notification 126/94-Central Excise, dated the 2nd Septenber, 1994 was issued on 2nd September, 1994 vide G.S.R. 667 (E), dated 2-9-94, and was last amended by notification number 25/99-Central Excise, dated the 19th May 1999. issued vide G.S.R. 370(E), dated 19-5-99.
Circular No. 509/05/2000-CX It is directed to enclose a copy of Supreme Court Judgement dt. 24.9.99 in the case of M/s Vimal Printery and others. As is evident from the judgement our civil appeal No. D. No. 8814/99 has been dismissed on the ground of delay as well as on merit. The issue involved in this case was whether the party is entitled to the benefit of exemption notification for small scale industry under Notification No. 175/86 dt. 1.3.86 on the grounds that the raw material namely “duplex board” supplied by M/s ITC Ltd.
In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 to 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance) Act, 1957 (58 of 1957), the Central Government being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance.
Circular No. 508/04/2000-CX It is directed to say that a doubt has arisen whether merchant-exporters can file claims of rebate of central excise duty paid on ingots and billets of non-alloy steel and hot-re-rolled products of non-alloy steel notified under section 3A of the Central Excise Act, 1944
In pursuance of sub-rule (2) of rule 49 and rule 139 of the Central Excise Rules, 1944, the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue and Insurance) No. 266/67-Central Excise
In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 of 1944) read with rule 4 of the Central Excise Rules, 1944, the Central Board of Excise and Customs hereby invites the Commissioner of Central Excise
