Notifiion No. 49/2008Central Excise (NT) dated 24.12.2008
Notifiion No. 49/2008Central Excise (NT) dated 24.12.2008 Reg. abatement the percentage of retail sale price mentioned in the corresponding entry in column (4) of the said Table. White cement, whether or not artificially coloured and whether or not with rapid hardening properties: 30: 29.
A guide to excise duty changes Lexology
Jun 19, 2015 · A guide to excise duty changes Under Section 11A(5) of the Central Excise Act, if during the course of an audit, investigation or verifiion any duty is found to be unpaid, short levied
CBEC Released Minutes of Excise Tariff Conference
Dec 12, 2015 · CBEC Released Minutes of Excise Tariff Conference held on 28 and 29 October 2015 Central Excise December 12, 2015 February 3, 2016 0 comments 2758 views CBEC have released Minutes of Tariff Conference held on 28th and 29th October, 2015 vide instruction F.No.96/85/2015CX.I dated 07122015.
Taxability of ''Ready Mix Concrete'' & ''Concrete Mix'' under
Dec 26, 2013 · Subsequent to 21101997 vide Notifiion No. 65/97C.E., dt. 21101997 the duty on Ready Mix Concrete classified under subheading 3824.20 has been reduced to 8%. Para 5. A doubt has been raised as to whether concrete mix manufactured at site using large mechanical devices is a form of ready mix concrete. Para 6.
GOVERNMENT OF INDIA OFFICE OF THE COMMISSIONER OF
Cement: 3.2 The rate structure applicable to Portland cement falling under heading no.252329 has been revised. Cement manufactured by units other than minicement plants and cleared in a packaged form was chargeable to Central Excise duty either at specific rates or ad valorem rates depending on the retail sale price per 50 kg bag.
INTERNAL AUDIT CEMENT INDUSTRY
INTERNAL AUDIT – IN CEMENT INDUSTRY (Contd) However before taking up the audit assignment let us have the fundamentals and basic knowledge about Cement manufacturing, its process, elements of Costs etc.. FEW FACTS ABOUT CEMENT 1. TYPES OF CEMENTOPCORDINARY PORTLAND CEMENT PPCPORTLAND POZZLANA CEMENT SLAG CEMENT etc WITH DIFFERENT
Central Excise Online
Explanation I .For the removal of doubts, it is clarified that a manufacturer who has availed of full exemption under notifiion No. 8/2003Central Excise, dated the 1st March, 2003, published in the Gazette of India vide number G.S.R. 129(E), as the case may be, in any financial year, is permitted to avail this exemption in the same
Central Excises and Salt Act, 1944 (commentary) – Josh and
Central Excises and Salt Act, 1944 (commentary) in their writ petition that scheme of taxation framed by appellants left no option for them but to opt for payment of excise duty under Rules–Respondent challenged validity of Proviso to rule 7 on ground that it infringed their fundamental right guaranteed under Article 25 of Constitution
Central Excise bcasonline.org
The central Government has notified, w.e.f. 1.3.2008, Central Excise (Determination of Retail Sale price of Excisable Goods) Rules, 2008 to provide for the manner of determination of retail sale price where the same is not declared on the packages or tempered or altered.
EXCISE SUBSUMED IN GST â€" MANUFACTURE REMAIN Finaccle
It is a necessity in Central Excise law because Central Excise is not a VAT law, which covers the entire value chain. The definition of " Manufacturer" was included in the first version of model GST law as the meaning assigned to it by Central Excise Act, 1944. I had written about its serving no purpose by linking it to Central Excise law.
A guide to excise duty changes Lexology
Jun 19, 2015 · A guide to excise duty changes Under Section 11A(5) of the Central Excise Act, if during the course of an audit, investigation or verifiion any duty is found to be unpaid, short levied
Central Excise Act Levy of Tax & Collection Duty
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
CESTAT RULING (CENTRAL EXCISE) Tax India Online
neither factually nor legally tenable Assessee strongly contended that sale of one or two products at a time to ultimate customer is nothing but retail sale and cannot be taken for Central Excise assessment purposes Appeals allowed: CESTAT 2015 TIOL2073 CESTATDEL Maruti Udyog Ltd Vs CCE (Dated: July 30, 2015)
Central Excise Act Valuation under Section 4a
Jul 29, 2007 · Central Government can permit reasonable abatement (deductions) from the ''retail sale price''. While allowing such abatement, Central government shall take into account excise duty, sales tax and other taxes payable on the goods. c. If more than one ''retail sale price'' is printed on the same packing, the maximum of such retail price will be
Ultratech Cement Ltd vs Commissioner Of Central Excise
2.?The assessee is engaged in the manufacture and sale of packaged cement in unit packages (packed in HDEP/PP Bags) of 50 Kg and cement clinker falling under the schedule to Central Excise Tariff (Amendment) Act, 2005. The assessee has been clearing the cement by paying the duty at the normal tariff rate at Rs. 600.00 per metric tonne.
Outward Transit Insurance Whether Part of Taxable Sale Price
On the similar facts of sale of goods from depot, the same view taken in the Escorts JCB case was upheld by Supreme Court in the case of Prabhat Zarda Factory Limited V Commissioner of Central Excise (2003) 130 STC 96 (SC) Sale under the Sales Tax Laws Section 2(g) of Central Sales Tax Act, 1956 defines ''Sale'' as" Sale with its grammatical
MRP Provisions applicability, Central Excise
Sir, If you put the words "Not for Retail Sale" on the goods supplied then as mentioned by you they are assessable under Section 4 (a) of Central Excise Act, 1944, that is, on the basis of transaction value.
Commissioner Of Central Excise vs Ultra Tech Cement
In such cases, the credit of the service tax paid on the transportation up to such place 11 of sale would be admissible if it can be established by the claimant of such credit that the sale and the transfer of property in goods (in terms of the definition as under section 2 of the Central Excise Act, 1944 as also in terms of the provisions
Central Excise Supreme Court Case Laws
Central Excise Supreme Court Case Laws. sale and purchase case of Revenue is that since in the transaction between UFAC and TISCO there is no transfer of property in goods, the same cannot be termed as ''sale'' and therefore would not be covered under paragraph 9.9 (b) of the EXIM Policy HELD THAT: The perusal of the definition
Budget Changes in Excise Duty in Budget 2015 2016
1) All goods falling under heading 2202 [other than mineral waters and aerated waters which attract abatement of 45% and 40% respectively] are being notified under section 4A of the Central Excise Act for the purpose of assessment of Central Excise duty with reference to the Retail Sale Price with an abatement of 35%.
Central Board of Excise and Customs Home Page of Central
Circular on issues related to apportionment of ITC in cases of demerger and issues related to companies undergoing IBC proceedings issued. Circular on Deputation Willingness for the post of Admininstrative Officer, Inspector and PErsonal Secretary (P.S.) in the Zonal Campus of National Academy of Customs, Indirect Taxes & Narcotics (NACIN
Directorate General of Audit Customs, Central Excise
started paying central excise Duty. Thereafter he had started availing CENVAT Credit on various inputs, input services and capital goods. Batteries manufactured by the assesse are notified under Section 4A of the Central Excise Act, attracting levy on the basis of Retail Sale Price (MRP). Notifiion No.49/2008CE
I
under Section 4 of Central ExciseAct, 1944, and the manufacturer ispaying duty on the transaction value under Section 4 instead of under Section 4A of said Act (MRP based assessment). The sponsoring zone was of the view that the said products are liable for assessmentunderSection4A(MRPbasedassessment)inview ofSerialno.40of notifiion
VALUATION UNDER CENTRAL EXCISE Excise TaxDose.com
Note2 In case where area wise different RSP declared on different packages,then,RSP shall be the retail sale price for the purpose of valuation of the excisable goods intended to be sold in the area to which the retail sale price relates. (d ) Compounded levy scheme (Rule 15 of the central excise
LATEST INCOME TAX, CENTRAL EXCISE COURT CASES (By.JAV
The appellant brought and installed in its factory capital goods in the nature of texturing machine on which excise duties to the tune of Rs.4,52,500/ were paid, and therefore, the appellant took credit of the above amount of duty paid on the texturizing machine under Rule 57Q of the Central Excise Rules, 1944 which allowed the credit of
Amendments in Central Excise Budget 20112012
Mar 03, 2011 · Amendments in Central Excise Budget 20112012 Budget 20112012 Central Packaged cement manufactured in a plant other than a minicement plant (i) Of retail sale price not exceeding Rs.190 per 50 kg bag or of per tonne RSP not exceeding Rs.3800 owing under these provisions, dues under the Central Excise Act shall have a first charge.
Depot sales can avail Cenvat Business Standard News
In view of the above, in case of depot sales, the credit of service tax paid on the transportation of goods up to such depot would be eligible, irrespective of the fact, whether the goods were chargeable to excise duty at specific rates or ad valorem rates on the basis of valuation under section 4 or 4A of the Central Excise
Section 4A Valuation Under Excise Laws SlideShare
Dec 21, 2015 · Section 4A Valuation Under Excise Laws 1. 4A of Central Excise Act – Retail Sale Price Based Duty Introduction: After duty liability is established and after the product is correctly classified, the next question is what the excise duty payable is?
Central Excise Case Laws Tax Management India
Central Excise Case Laws. Tax Management India. Com Law and Practice: A Digital eBook
Excise 22824 Of 2014 CESTAT Judgment Law CaseMine
Jul 29, 2016 · Since I am not holding that there is a presence one of the means as indied in Section 11AC of the Central Excise Act, 1944, in my findings for demanding the duty, penalty under Section 11AC of the Central Excise Act, 1944, is not imposable in terms of the Honourable Apex Courts ruling in the case of Rajasthan Spinning Mills. 11.
Valuation of Excisable Goods for the Purpose of Charging
# Valuation based on Retail Sale Price (RSP) under section 4A of the Central Excise Act, 1944, which is applicable to excisable goods that are notified by the Central Govt. However, this does not apply tariff values fixed under section 3(2) of the Central Excise Act, 1944 # Value under Section 4 of the Central Excise Act, 1944.
Excise Valuation It''s all in the Packaging! Indirect Tax
The Hon''ble CESTAT at Mumbai has recently passed an order in the case of H&R Johnson (India) Limited holding that central excise duty shall be paid in terms of Section 4A of the Central Excise Act ("the Act"), if the goods in question are notified under Section 4A, packed in a standard package and are subject to a statutory requirement of affixation of MRP (on such standard packages
Notifiion No. 49/2008Central Excise (NT) dated 24.12.2008
Notifiion No. 49/2008Central Excise (NT) dated 24.12.2008 Reg. abatement the percentage of retail sale price mentioned in the corresponding entry in column (4) of the said Table. White cement, whether or not artificially coloured and whether or not with rapid hardening properties: 30: 29.
A guide to excise duty changes Newsletters
Recent amendments to excise duty rates and policies include legislative changes (eg, amendments to the Central Excise Act in relation to penalties), changes to nontariff notifiions – including those which cover abatements in relation to products covered under retail sale price valuation – and changes to excise duty rates on items such as cigarettes and petrol.
AMENDMENT IN ABATEMENT NOTIFICATION FOR MRP
Central Excise or the Assistant Commissioner of Central Excise, as the case may be, with a copy to the jurisdictional Superintendent of Central Excise : the plan and details of the part or section of the factory premises intended to be used by him for the manufacture of notified goods of different denomination of retail sale prices
![Calculation of excise duty on cement [Resolved]](/images/img-lb/460.jpg)
Calculation of excise duty on cement [Resolved]
Mar 26, 2013 · Note: As Per Central Excise Act, in all the reports relating to stock items are required to be indied with the relevant Unit of Quantity as specified under Central Excise Tariff Act. The Applicable Unit of Quantity for Cement is ''Kg (Kilograms)'',
Cus Goods not prepackaged no provision for
Jul 24, 2019 · Cus – The assesseecompany imported trailer parts such as wheel rims, axle & suspension – Provisional assessment was done as the proper officer intended to compute the levy of additional duties of Customs by adopting the maximum retail price – The order of the assessing officer was quashed by the Commr.(A), with the latter holding that
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