Types of Central Excise Duty Basic Excise Duty. Basic Excise Duty is known as the Central Value Added Tax. This form of excise duty is on goods classified on the first schedule of the Central Excise Tariff Act, 1985. The duty is levied under section 3(1)(a) of the Central Excise Act, 1944. This duty applies to all goods other than salt.
اقرأ أكثرAn Act to provide for tariff for Central Duties of Excise. BE it enacted by Parliament in the Thirty-sixth Year of the Republic of India as follows:-1. Short title, extent and commencement. - (1) This Act may be called the Central Excise Tariff Act, 1985. (2) It extends to the whole of India.
اقرأ أكثر"Provided also that the clearances for home consumption of ball or roller bearings falling under Chapter 84 of the First Schedule made under notification No. 24/2001-Central Excise dated 30 th April, 2001, between the 1 st day of April,2002 and the 5th day of September 2002, (both days inclusive), shall be taken into account when computing the ...
اقرأ أكثرthe Central Excise Tariff Act, 1985. 6 11/2002-Central Excise, dated 1st March, 2002 Seeks to amend specified Central Excise Tariff notifications 7 12/2002-Central Excise, dated 1st March, 2002 Seeks to rescind the notification which invoked the emergency powers to increase duties on MS and HSD. 8 13/2002-Central Excise, dated 1st March, 2002
اقرأ أكثرCentral Excise (No.2) Rules, 2001. The provision is, as follows: (1) The rate of duty or tariff value applicable to any excisable goods, other than khandsari molasses, shall be the rate or value in …
اقرأ أكثرCentral Excise Duties - Introduction Central Excise Duty. Central excise duties are levied by the Union Government on commodities manufactured or produced within the country and consumed within the country, as against the State excise duties which are levied on alcoholic drinks, opium, etc. Commodities liable to central excise duties are listed in the Schedule to the …
اقرأ أكثر2. Changes in customs and central excise duty rates are also being carried through the following Notifications which are effective from 2nd February, 2023 unless specified otherwise: Notification Nos. Date Customs (Tariff) 02/2023-Customs to 12/2023-Customs 1st February, 2023 Central Excise (Tariff) 05/2023-Central Excise 1st February, 2023 3.
اقرأ أكثرR.M Sahai, J.— The question of law that arises for consideration in this appeal is whether the tube mill and welding head erected and installed by the appellant for manufacture of tubes and pipes out of duty-paid raw material was assessable to duty under residuary Tariff Item No. 68 of the Schedule being excisable goods within the meaning of Central Excises and Salt …
اقرأ أكثرAlternatively, the learned counsel submits, by placing reliance on 9 the judgment of this Court in Commissioner of Central Excise v. Wainganga Sahkari S. Karkhana Ltd., 2002 (142) ELT 12 (SC), that no excise duty is payable on structural items fabricated at …
اقرأ أكثرIn exercise of the powers conferred by sub-section (2) of section 3A of the Central Excise Act, 1944 (1 of 1944) and in supersession of the Hot-air Stenter Independent Textile Processors Annual Capacity Determination Rules, 1998, published in the Gazette of India, Extraordinary, vide notification No. 42/98-Central Excise(N.T.), dated the 10th ...
اقرأ أكثرThese are used as inner lining in various mills such as "Cement Ball Mill", "Coal Mill" etc. to protect the inner shell of such mills. These Ball Mill, such as Cement Ball Mill are, where …
اقرأ أكثرHitherto the introduction of a new central duty of excise has required the enactment of self-contained law and the preparation of a separate set of statutory rules. There are no less than 10 separate excise Acts (the excise on kerosene being covered by a part of the Indian Finance Act, 1922) and 11 sets of statutory rules; and there are also 5 ...
اقرأ أكثرSupreme Court Establishes Integral Classification for Cutter Suction Dredger Components under Customs Tariff Act Introduction. In the landmark case of Dharti Dredging And Infrastructure Ltd. (s) vmissioner Of Customs And Central Excise, Guntur (s), the Supreme Court of India addressed the intricate issues surrounding the classification and duty exemption …
اقرأ أكثرNotification No. 67/1995-CE Dated 16/3/1995. Exemption to goods falling under the First Schedule to the Central Excise Tariff Act, 1985- In exercise of the powers conferred by sub-section (1) of * section 5A of the Central Excise Act, 1944 (1 of 1944), read with sub-section (3) of section 3 of the Additional Duties of Excise (Goods of Special Importance Act, 1957 (58 of …
اقرأ أكثر2.1 The Central Excise Tariff Act, 1985 incorporates five Rules of interpretation, which together provide necessary guidelines for classification of various products under the …
اقرأ أكثرThe provisions of this section shall apply to such finished excisable goods (hereinafter referred to as the "final product"), as the Central Government may, by notification in the Official Gazette, specify in this behalf, for the purpose of allowing credit of any duty of excise or the additional duty under Section 3 of the Customs Tariff Act ...
اقرأ أكثرF.NO. 154/26/99 - CX4 Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs . 15th January, 2002. 37B Order No. 58/1/2002 - CX
اقرأ أكثرGovernment of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes Customs North Block, New Delhi-110001 D.O. F.No. 334/04/2024-TRU New Delhi, the 23 rd July, 2024 Dear Principal Chief Commissioner/ Chief Commissioner/ Principal Director General/ Director General, The Finance Minister has introduced the Finance (No.2) Bill, 2024 in Lok …
اقرأ أكثر1.1 The Central Excise duty (CENVAT) is chargeable at the rates specified in the schedule to the Central Excise Tariff Act, 1985. The said schedule is divided into 20 sections …
اقرأ أكثر84828000 - Other, including combined ball or roller bearings Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.
اقرأ أكثرCentral Excise Circular No- 924/14/2010-CX dated 19.05.2010. Two tariff headings under consideration for its classification are 8419 or 8437. It has been represented by the Rice Mill Machinery Manufacturers Association that the practice so far followed by the department was not to charge excise duty for many years but suddenly it has been sought to charge duty on these …
اقرأ أكثرThe Central Excise Tariff Act, 1985 [ACT NO. 5 OF 1986] [19th January, 1986] An Act to provide for tariff for Central Duties of Excise BE it enacted by Parliament in the Thirty-sixth Year of the …
اقرأ أكثرCentral Excise – Default in payment of duty - Rule 8(3A) of the Central Excise Rules, 2002 – In WP 1438/2015 though the duty liability for the quarter ending March 2011 has been paid on 26.5.2011 and interest having been paid on 29.5.2012, it was held by the authorities that in terms of sub-rule (3A) of Rule 8 of Central Excise Rules,
اقرأ أكثر1st March, 2002. Notification No. 6/2002-Central Excise. G.S.R. 127(E).-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 exempts excisable goods of the description specified in column (3) of the Table below or specified in …
اقرأ أكثرR.M. Sahai, J. - (1.)The question of law that arises for consideration in this appeal is whether the tube mill and welding head erected and installed by the appellant for manufacture of tubes and pipes out of duty paid raw material was assessable to duty under residuary tariff item No. 68 of the Schedule being excisable goods within the meaning of Central Excises and Salt Act, 1944 …
اقرأ أكثرExempts excisable goods of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) - (ad valorem rates) ... apparatus and appliances, auxiliary equipment and their components/ parts required for setting up of water treatment plants; (2) Pipes needed for delivery of water from its source to the plant and from there to the storage ...
اقرأ أكثرCommissioner of Central Excise) and CA No.7179 of 2015 ... i. they must fall, inter alia, under Chapter 85 of the first Schedule to the Central Excise Tariff Act (CET) or must be components, ... relying on the decision of this Court in Saraswati Sugar Mills v. Commissioner of Central Excise, Delhi-III, (2014) 15 SCC 625). ...
اقرأ أكثرBall or roller bearings Updated India Import Duty and Custom duty of Customs tariff of 2006, 2007, 2008 and 2009 in Single View.
اقرأ أكثر(iv) Central Excise Appeal No. 1 of 2016, Central Excise Appeal No. 2 of 2016, Central Excise Appeal No. 4 of 2016, Central Excise Appeal No. 6 of 2016, Central Excise Appeal No. 7 of 2016 which have been challenged in CA No. 1201 of 2018 (Reliance Communications v. Commissioner of Service Tax), CA No. 1205/2018 (Reliance Communications v.
اقرأ أكثرBall or roller bearings Updated India Import Duty and Custom duty from Customs tariff of 2006, 2007, 2008 and 2009 in Single View. ... Excise Duty; Central Excise Manual; Central Excise Notifications; Notifications ; Service Tax . Service Tax; ...
اقرأ أكثرThis Act may be called the Central Excise Tariff Act, 1985. It extends to the whole of India.1. It shall come into force on such date2 as the Central Government may, by …
اقرأ أكثرNotification . No. 2/2011-Central Excise. New Delhi, the 1 st March, 2011. G.S.R. (E).- 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, on being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column (3) of the Table …
اقرأ أكثرNotification No. 6/2000-Central Excise. ... 1944, when sold by the manufacturer as spare parts or spare components. Rate of duty applicable on the said parts and components of motor vehicles ... Ball point pens including refills for ball point pens and parts thereof, of value not exceeding Rs. 100 per piece ...
اقرأ أكثر-For the purposes of this entry 'appropriate duties of excise' shall mean the duties of excise leviable under the First Schedule and Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), the additional duty of excise leviable under section 111 of the Finance (No.2) Act, 1998 (21 of 1998) and the special additional excise duty ...
اقرأ أكثرFurther, such resultant goods should be specified in the Central Excise Tariff as excisable goods besides being marketable i.e. they can be taken to the market and sold ( even …
اقرأ أكثرThe Central Excise duty liability arises when there is manufacture of goods which are moveable, marketable, and find a mention in the First or Second Schedule to the Central Excise Tariff Act 1985. Most products find a mention. To get more details refer to chapter 3. 9 Who is required to be registered under Central Excise law?
اقرأ أكثر8) Central Excise Act defines 'excisable goods' in Section 2(d) as goods specified in the Schedules to the Central Excise Tariff as being subjected to duty of excise and includes salt. 9) Though the term 'goods' is not defined, in Article 366(12) of the Constitution, the term 'goods' has been defined as "Goods includes all ...
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