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. 66/66/94-CX I am directed to invite your attention to para 2 of Circular No. 50/50/94-CX dated 19th August 1994 on the above subject. In the said para, for the words “of a manufacturer other than the SSI manufacturer”, the words “or trade name of another person” shall be submitted.
Circular No. 65/65/94-CX Representations have been received from Isabgol processors Association relating to leviability of excise duty on Isabgol Husk which is obtained form isabgol seeds. The filmy upper layer of the seeds is separated by the process of milling and purified by sieving and winnowing. It is packed in plastic poly packs for retail sale in the market.
Circular No. 63/63/94-CX I am directed to invite your attention to Circular No. 54/54/94-CX dated 6th September , 1994 on the above subject.
Circular No. 64/64/94-CX Attention is invited to Notification No. 57/94-CE dated 1st March 1994 permitting 100% EOU to pay the duty on depreciated value if capital goods, material handling equipments, captive power platns or as the case may be, captive generating sets are allowed by the Board, to be cleared to DTA.
Circular No. 62/62/94-CX As regards assessment based on invoice a Circular has already been issued from F.No.212/3/94-CX-6 (No.45/45/94-CX-6 dated 4.7.94) requestiong to furnish evaluation reports on assessment of RT-12 Returns for the month of April-May 1994 alongwith suggestions. Except from few Collectors, no such report has been received.
Circular No. 61/61/94-CX I am directed to enclose certain targets set out by the Board in respect of above captioned subject (Annexure-I) for the year 1994-95 and to request you to send quarterly report on the subject in the enclosed proforma (Annexure-II) to the Board by the 5th of the month following every quarter of the year. Report for the 1st and 2nd quarter should be furnished by Ist week of October 1994.
Circular No. 59/59/94-CX I am directed to invite your kind attention to the instructions contained in Board”s Circular No. 1/93-CX.3 dated 17.3.1993 whereby classification of prickly heat powder manufactured under the brand names of “Nycil”, “Shower to Shower” and “Johnsons”
Circular No. 58/58/94-CX Kind attention is invited to the 69th Report of the Public Accounts Committee (1993-94) (10th Lok Sabha) dealing with action taken by the Government on the recommendations / observations of the Committee contained in their 44th Report (10th Lok Sabha) on “Union Excise Duties-Non-levy/Short levy of duty due to incorrect grant of exemption-Motor Vehicles.”
Circular No. 57/57/94-CX This corrigendum seeks to correct certain clerical mistake in Notification No.106/94-CE dated the 4th May, 1994.
Circular No. 56/56/94-CX I am directed to invite your attention to Board”s Circular No. 50/88-CX-8 dated 20.8.88 (F.No.267/31/88-CX-8) wherein it was clarified in consultation with Ministry of Law that if the raw materials are supplied by a principal manufacturer for the manufacture of any goods on job work basis, then the same would not be entitled for SSI exemption (unless principal manufacturer himself is entitled for SSI exemption) even if job worker is otherwise entitled for SSI exemption
