CA, CS, CMA : Stay updated with key notifications and circulars on Income Tax, GST, Central Excise, Customs, DGFT, and SEBI issued between 29th ...
CA, CS, CMA : Stay updated with the latest income tax exemptions, GST advisories, customs amendments, and more from the week of 22nd-28th July 2...
Goods and Services Tax : Directorate of Legal Affairs, Central Board of Indirect Taxes and Customs is entrusted with defending all indirect taxes matters (...
Income Tax : CBDT has vide notification No. 21/2017 released ITR forms for Assessment Year 2017-18 / Financial Year 2016-17. The number of ITR ...
Income Tax : Application for allotment of Permanent Account Number(PAN) will be filed in SPICe (INC-32) form using Digital Signature of the app...
Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...
Custom Duty : Articles explains Explanatory Memorandum To Notification Nos. 02 To 15-Customs Dated 1st February, 2022, Notification Nos. 07/2022...
Excise Duty : Finance Minister has introduced the Finance Bill, 2022 in Lok Sabha today, that is 1st February, 2022. Changes in Customs, Central...
Custom Duty : Govt has issued following notifications related to Excise and Custom duty to give effect to Provisions of Union Budget 2021- ̵...
Excise Duty : Comments/Suggestions invited to make the CESTAT appeal forms more simple, user friendly and useful for creation of data base. Repl...
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...
Income Tax : Office Order No. 125/2024: Immediate transfers and postings of Principal Commissioners and Commissioners in Customs and Indirect T...
Excise Duty : Notification 19/2024 reduces Special Additional Excise Duty on petroleum crude. Effective from August 1, 2024. Read the full detai...
Excise Duty : Explore the latest changes under Notification No. 18/2024-Central Excise by the Ministry of Finance, affecting excise duties effec...
Excise Duty : CBIC revises monetary limits for adjudicating show cause notices in Central Excise for commodities under Chapter 24 of Schedule IV...
Excise Duty : Explore Notification No. 17/2024-Central Excise by the Ministry of Finance, Government of India. Detailed amendments, effective fr...
Circular No. 243/77/96-CX The proposals made in the budget have been modified in certain respects. Notification Nos. 26/96-CE, 27/96-CE, 29/96-CE (N.T.) to 31/96-CE (N.T.) all dated the 3rd September, 1996 have been issued in this regard. These notification come into force on 4.9.1996.
Circular No. 242/76/96-CX I am directed to say that certain doubts have been expressed as to whether freezers and freezing equipments are covered by the term “other refrigerating appliances and machinery” and whether the effective rate of duty prescribed under Notification No. 53/ 93-CE dated 28.2.1993, 46/94-CE dated 1.3.1994 and 56/95-CE dated 16.3.1995 is available to freezers and freezing equipment.
Circular No. 241/75/96-CX I am directed to say that a doubt has been raised on the interpretation of Notification No. 30/95-CE dated 16.3.95 (S.No. 1) regarding exemption to certain narrow woven fabrics falling within Ch. 58 from Central Excise duty and/ or additional duty of customs
Circular No. 240/74/96-CX Attention in invited to the Budgetary changes effected by Notification No. 15/96-CX(NT) dated 23rd July, 1996 whereby “Matches” have been brought under the purview of Self Removal Procedure. Simultaneously the rules corresponding to physical removal
Circular No. 239/73/96-CX In continuation of Board”s Circular No. 84/84/94-CX (F.No. 9/1/94-CX.I) dated 20.12.94 on the subject noted above, it is hereby further clarified that demineralisation
Circular No. 238/72/96-CX It has been represented to the Board that in respect of export of man-made fabrics/ sarees of the description mentioned at Si. No. 5404 and / or 5503 of the current Drawback schedule notified under Customs & Central Excise Duties Drawback Rules, 1995, the exporters are not getting full duty relief only to the extent of duties suffered at yarn stage, whether it is additional duty of customs or it is the Central Excise duties on yarn.
Circular No. 237/71/96-CX I am directed to say that doubts have been expressed regarding excisability and classification of the product “Ready Mix Concrete” a mixture of duty paid cement, sand, course aggregates and a few chemicals in fixed proportions and involving strict qualify control and sample tests as to whether the same is excisable and merits classification under tariff entry 68.07 as opposed to 38.23 of the product under heading NO. 68.07 with benefit of exemption from central excise duty
Circular No. 236/70/96-CX I am directed to say that doubts have been expressed as to whether conversion of duty paid Anhydrous ammonia into aqueous solution amounts to manufacture within the meaning of section 2(f) of the Central Excise Act, 1944.
Circular No. 235/69/96-CX Attention in invited to the above cited decision of Madras High Court reported in (1992) 40 EEC 31 (Madras). Hon ble High Court has observed that no manufacturer will be charitable enough to exclude customs duty paid on the raw material, from the price of finished products”. Hon blle Court has further held that what is contemplated in Section 27(2) (a).
Circular No. 234/68/96-CX Attention in invited to proviso to sub-rule 1 of Rule 12 of Central Excise Rules,1944 whereby the Commissioner of Central Excise can relax all or any of the conditions of any notification issued under this rule if he is satisfied that the goods have actually been exported and records the reasons in writing. A doubt has arisen whether the condition of time-limit which is prescribed in the notifications giving reference to Section 11B of Central Excise & Salt Act, 1944
