Central excise law manual 2011 12 pdf

In the case of the assessee availing exemption under sl. In exercise of the powers conferred by subsection 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 below and falling under chapter, heading. Tariff value under sec 32 of central excise act, 1944. Reserve bank of india foreign exchange department central office mumbai 400 001 rbi 2011 12 4 february 29, 2012 a. Year 2020 2019 2018 2017 2016 2015 2014 20 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995. Buy central excise tariff of india 201112 with commodity index book online at low price in india on. Home page of central board of indirect taxes and customs. I an overview of the central excise law and procedures 1 introduction 9 2 registration 10 3 levy of central excise duty 12 4 exemption from payment of duty 14 5 removal of goods 15 6 manner of payment of duty 17 7 records 19 8 returns 20 9 demand of duty and erroneous refunds 22 10 refunds 23 11 export procedures and benefits 25 12 excise audit. Central excise tariff of india 201112 with commodity. There are only 32 rules as compared to 234 earlier. Aug 23, 2011 28 august 2011 but in central excise manual there is one case law in chapter 19 under which it is held that they are classifiable under chapter 19. Rule 12 filing of return central excise rules, 2002. He has been active in the field of spreading awareness on indirect tax by conducting seminars and presenting papers. World health organization who 2011, who technical manual on tobacco.

Duty based on production capacity also known as compounded levy scheme rule 15 specific. Other rules have also been notified namely, cenvat credit rules, 2001, central excise appeal rules, 2001 etc. The law has expanded its reach to cover most transactions of services and now pervades all sectors of the economy. Transaction value determined under sec 43d of central excise act, 1944. Oecd 2014a, ministry of finance, government of nepal. Central excise, rules, tariff, acts, notifications, manual, circular. This can help the indirect taxes practitioner to advise the manufacturer, professional manager on the procedures to be followed and. Jan 28, 2011 the central excise law made up of acts, rules, case laws apart from analysis of notifications, circulars and trade notices can be used in determining the excise duty implications on the activity of manufacture. Similarly, the cenvat credit fourth amendment rules, 2011 has been.

The assesseehad applied for fixation of special rate for the f. Oct 05, 2011 dear sir, as the notification nimber 21486, c. Central excise manuals ready reckoners home list manuals central excise this law all income tax gst customs fema companies law indian laws wealthtax service tax cenvat credit central excise. For the recovery of dues action is to be taken under section i 1 of the central excise act. Rti manual under section 41b of right to information act, 2005. Dear sirs, any person availing exemption under notification no. Finance minister pranab mukherjee on monday retained the rate of standard excise duty at 10 per cent in the budget for 201112, giving a little respite to industry, which feared a. Icsi house, 22, institutional area, lodi road, new delhi 110 003. Levy of special excise duty on cigarettes were removed between 1. Part 1 general warehousing provisions tax warehouses manual.

In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944 and in supersession of i notification of the government of india in the ministry of finance department of revenue, no. Central excise tariff notification notification no. Central excise law manual 201718, by r k jain, 9788175885257. Vide finance act, 2011, selfassessment has been introduced under the. Rti manual under section 41b of right to information act. Nepals excise systems and the legal frameworks world customs. Circulars instructions central board of indirect taxes and. Rule 12 filing of return central excise rules, 2002 a2z. This act may be called the central excise act,1944. The central excise law made up of acts, rules, case laws apart from analysis of notifications, circulars and trade notices can be used in determining the excise duty implications on the activity of manufacture. Additional duties of excise goods of special importance act, 1957 58 of 1957 4. Bakshis constitution of india seventh edition, 2006, universal law publishing co.

With the introduction of the new rules the procedures were once again simplified. Rapid revision on central excise my thoughts on indirect. Departmental circular nor a manual of instructions issued by the central board of. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944, the central government hereby makes the following rules, namely. Referencer customs central excise service tax central. Central excise manual, chapter2, introduction, persons. In this regard, the central excise fourth amendment rules, 2011 has been issued vide notification no. K jains central excise law manual, golden jubilee edition, centax publications pvt. Any person availing exemption under notification no. Central tax seeks to give effect to the provisions of rule 87 and form gst pmt09 of the cgst rules, 2017. Ltd delhi percival spear, a history of india volume 2, pelican books,1984 r.

Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. After exhausting the option of taking action as above, if dues remain unrecovered, action is to be taken under the provisions of section 142 of the customs act, 1962 which have been made applicable to like. Additional duties of excise textiles and textile articles act, 1978. General rules for interpretation of the schedule to the central excise tariff act, 1985. The standard rate of central excise is maintained at 10% however the rate of central excise was increased from 4% to 5% across all goods which were chargeable to 4%. The changes would be effective from 1 st march 2011.

This central excise guide is purely a measure of public facilitation based on a broad understanding of law and rules relating to central excise provisions. Price of goods to indicate the amount of duty paid. Finance minister pranab mukherjee on monday retained the rate of standard excise duty at 10 per cent in the budget for 2011 12, giving a little respite to industry, which feared a. Buy central excise law manual 201718 book online at low price in india on. Reporting under feters attention of authorised dealer category i banks is invited to a. Retail sale price determined under sec 4a of central excise act, 1944 3.

Trade notice 09201516 minutes of tarrif confrence held on 28. Excise tax was a major source of tax revenue in nepal until the late 1990s. Custom and excise duty as commodity taxes contribute substantially to the. Procedure for demand recovery of dues of central excise. Central excise manual chapter 1 parti, introduction, an overview of central excise, chapter2 parti registration and ecc number, new excise control code ecc number, chapter3 assessment classification valuation provisional assessment, classification, valuation, provisionalassessment, manner of payment of duty and account current, scrutiny of assessment, chapter 4 invoice system, transhipment. Reserve bank of india foreign exchange department central. In exercise of the powers conferred by subsection 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. Part 1 general warehousing provisions tax warehouses. Cbec have released minutes of tariff conference held on 28th and 29th. Circulars instructions home page of central board of. Jain book agency, delhi based book store for all your books related needs. Service tax has assumed significance in recent years as one of the major contributors to the. Exemption under notification no 012011, central excise.

In exercise of the powers conferred by subsection 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 below. The concessional central excise duty rate of 4% is being increased to 5% and. Central excise is a levy tax, levied on a commodity manufactured within the country by the union government by an act of parliament usually in the finance bill, in the presentation of the budget in the parliament, generally on the last working day of february every year by notifying under a tariff. Document image 1 image 2 image 3 image 4 image 5 image. Faq on swachh bharat cesssbc 286 kb act 797 kb rules. Manuals home page of central board of indirect taxes and. Dg systems has prepared comprehensive instructions outlining the procedure for electronic filing of central excise duty and service tax returns and.