central excise levy

  • Levy and Collection of Duty - ExciseDiese Seite übersetzen

    Levy and Collection of Duty : Section 3(1 ) of the central excise Act,1944 is the charging section and it states that – There shall be levied and [.]

  • Conditions for levy of excise duty - CAKARTDiese Seite übersetzen

    Conditions for levy of Excise Duty. Excise duty is a nature of Indirect tax. Section 3, of the Central Excise, Act 1944 is the charging section. As per this section, Conditions for levy of excise duty are: There must be manufacture or production. Such manufacturing activity should take place in India. The manufacture must result in goods.

  • Central Excise Act 1944, Chapter-II, Levy and .Diese Seite übersetzen

    Central Excise Act 1944, Chapter-II, Levy and Collection Of Duty, Valuation of Excisable Goods, Charging Duty of Excise, Valuation of Excisable Goods, Retail Sale Price, Remission of Duty on Goods, Deficient in Quantity, Power to Grant Exemption, Registration of certain persons, Restriction on possession of Excisable Goods, Offences and Penalties, Offences by companies, Powers of Court ...

  • The excise duty is a tax levied on what? - Quora

    2/13/2016 · In the Indian tax structure, there are a lot of taxes that people pay for different reasons. Income tax, sales tax, entertainment tax, value added tax etc. All these taxes are existent because in some way or the other it impacts and helps the econ...

  • Chapter II Levy and collection of Central Excise duty on ... · PDF Datei

    Levy and collection of Central Excise duty on Plastics and articles thereof 2.1 Introduction Plastic11 refers to those materials capable either at the moment of polymerisation or at some subsequent stage, of being formed under external influence (usually heat and pressure, if necessary with a solvent or plasticizer) by moulding, casting, and extruding, rolling or other process, into shapes ...

  • Levy and collection of Duty - Central Excise Act, .Diese Seite übersetzen

    Levy and collection of Duty Central Excise Act, 1944

  • THE CENTRAL EXCISE ACT - Chemexcil · PDF skrá

    THE CENTRAL EXCISE ACT, 1944 [Act No. 1 of 1944] [24th February, 1944] ... Central Excise or Deputy Commissioner of Central Excise] or any other officer of the ... LEVY AND COLLECTION OF DUTY SECTION 3. Duties specified in First Schedule and the Second Schedule to the Central Excise .

  • CENTRAL BOARD OF EXCISE & CUSTOMS NEW DELHI · PDF skrá

    to levy tax on the sale of goods. In the case of inter-State sales, the Centre has the power to levy a tax (the Central Sales Tax) but, the tax is collected and retained entirely by the States. As for services, it is the Centre alone that is empowered to levy service tax. Introduction of the GST required amendments in the

  • Central Excise Act 1944, Chapter-II, Levy and Collection ...

    12/10/2019 · Central Excise Act 1944, Chapter-II, Levy and Collection Of Duty, Valuation of Excisable Goods, Charging Duty of Excise, Valuation of Excisable Goods, Retail Sale Price, Remission of Duty on Goods, Deficient in Quantity, Power to Grant Exemption, Registration of certain persons, Restriction on possession of Excisable Goods, Offences and Penalties, Offences by companies, Powers of Court ...

    Stofnunarstaður: New Delhi
  • Excise Duty for Manufacturer under Central Excise Act. 1944

    Excise Duty is an indirect tax. The liability of payment of Excise Duty is of manufacturers or producers (which is passed on to the ultimate consumer). The levy and collection of duty of Excise is provided under authority of the Central Excise Act, 1944 at the rates specified Central Excise Tariff Act, 1985.

  • Central Excise duty changes for tobacco as per .Diese Seite übersetzen

    Indian Budget 2017-2018 changes in Excise tariff for tobacco . Budget 2019-2020, Customs duty changes on products - chapterwise. Major changes in Indian Budget 2017-18 is being introduced based on the introduction of GST before September 2017 by redefining Indian Tax system.

  • Central Excise Tariff 2016-17 - Service TaxDiese Seite übersetzen

    Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent ...

  • Levy and collection of Duty - Central Excise Act, .Diese Seite übersetzen

    Levy and collection of Duty Central Excise Act, 1944

  • Excise Duty in India - Check out the types & rates

    Excise duty is a form of indirect tax that is levied by the Central Government of India for the production, sale, or license of certain goods. Excise duty charges are also collected by state governments for alcohol and narcotics. Note: Excise duty has been replaced by the Goods and Services Tax(GST ...

  • [email protected] Management :: Levy and Collection of .Diese Seite übersetzen

    It is basically an indirect tax on the manufacturer or producer which is passed on to the ultimate consumer. The levy and collection of duty of Excise is provided under authority of the Central Excise Act, 1944 at the rates specified under Central Excise Tariff Act, 1985.

  • Refund of Tax collected under an Unconstitutional Levy not ...

    1/15/2019 · The Mumbai bench of the Central Excise, Customs, and Services Tax Appellate Tribunal (CESTAT) has held that the refund of the tax collected under an unconstitutional levy under the Central Excise Act was rightly rejected by the authorities.

  • Excise Duty Under GST: Excise Duty vs. GST | Tally Solutions

    11/25/2019 · Excise duty is generally a central levy but not all levies are raised by the centre. Excise duty on production of few items including that on liquor is imposed by state governments. Excise duty on alcohol, alcoholic preparations, and narcotic substances is collected by the State Government and is called "State Excise" duty.

  • ABOUT CENTRAL EXCISE

    This indirect taxation is administered through an enactment of the Central Government viz., The Central Excise Act, 1944 and connected Rules - which provide for levy, collection and connected procedures. The rates at which the excise duty is to be collected are stipulated in the Central Excise Tariff Act, 1985.

  • central_excise-levy&collection of duty

    (5) Where the Commissioner of Central Excise determines the actual production under sub-section (4), the amount of duty already paid, if any, shall be adjusted against the duty so " redetermined and if the duty already paid falls short of, or is in excess of, the duty so redetermined, the assessee shall pay the deficiency or be entitled to a ...

  • Central Excise

    Tender Notice for repairing of toilets -regClick here; Preventive measures to be taken to contain the spread of Novel Coronavirus (COVID-2019) -regClick here; Circular having clarification in respect of appeal in regard to non-constitution of Appellate TribunalClick here; Action Plan for Swachhta Pakhwada 2020Click here; Notification to exempt foreign airlines from furnishing reconciliation ...

  • The Central Excise Act, 1944Diese Seite übersetzen

    Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent ...

  • Compounded Levy Scheme (Under Section 3A of Central Excise ...

    5/11/2014 · Besides, Section 3A of CEA, 1944 and Rule 15 of Central Excise Rules, 2002 (hereinafter referred to as CER, 2002) also confer power on the government to levy duty on the basis of production capacity which is commonly known as compounded levy scheme. Compounded Levy Scheme

  • Hiregange & Associates Central Excise levy on Hotel ... · PDF Datei

    Hiregange & Associates Central Excise levy on Hotel Industry Chartered Accountants 2 August 2015 Few of the food items covered in chapter 1905 are pastries, cakes, sweet biscuits, ice creams etc. which would be liable for excise duty. The rates of duty with few items which are liable for excise .

  • Central Excise Duty: features, Nature, Scope ...Diese Seite übersetzen

    Central Excise Duty is an important source of revenue for Govt. of India. Revenue received from Central Excise about 2 Lac Crores Stands in second rank after Income Tax Meaning of Excise Duty in India, term "Excise Duty" has not been defined, either in the Constitution of India or even in the Central Excise Act,.

  • The Central Excise Act, 1944 - Service TaxDiese Seite übersetzen

    Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent ...

  • Clarification on levy of National Calamity .Diese Seite übersetzen

    Accordingly, to sustain the levy of NCCD on crude petroleum and tobacco products, it was decided to levy a nominal basic excise duty on all the goods which are subject to the levy of NCCD vide Notification No. 03/2019- Central Excise dated 06.07.2019.

  • Central Excise Act - Levy of Tax & Collection Duty

    113 línur · Central Excise Duty is a form of tax that is indirectly applicable to goods or products that are manufactured or produced within India. These goods are specifically created for the purpose of personal consumption. This tax is also known as Central Value Added Tax (CENVAT) and is levied on the ...