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Browse Articles Excise Articles

Displaying 20 - 30 of 96 in 10 pages

Date of applicability of Changes in Excise and Custom Rates

By Mihir Doshi On 23 March 2012 at 15:06

This time common man, an Indian Tax payer was expecting magical budget with high benefits but for Individual its "Give and Take" kinds of budget. Honorable FM has increased the Exemption limit for Individual by INR 20,000/-, on the other h...

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8 comments | 9226 hits


Circulars-Binding on Department

By Pradeep Jain On 13 March 2012 at 12:17

INTRODUCTION: Law the most complicated phenomenon of a constitution. Howsoever cleverly drafted, creates ambigu...

0 comments | 2401 hits


Excise Duty on Branded Readymade Garments

By CA.Ankit Gulgulia (Jain) On 06 February 2012 at 22:24

In Recent times the Rollback of Excise Duty Exemption on Branded Readymade Garments has been a Subject Matter of big protest from Industry. Despite all the efforts and rows the government looks in no mood...

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14 comments | 13440 hits


Section 4 and 4A of Central Excise Act, 1944

By CA Dhiraj Ramchandani On 15 December 2011 at 12:02

INTRODUCTION Ok so, I would just like to thank CCI for approving my previous article on similar lines. I really think, being students, we can contribute to this si...

0 comments | 8386 hits


Section 74 Vs Section 75 of Customs Act, 1962

By CA Dhiraj Ramchandani On 12 December 2011 at 11:51

INTRODUCTION Customs Act, 1962 is one of the widest concepts. Moreover, there are so many doubts arising while dealing with the same. Something similar I came across ...

0 comments | 2620 hits


Branded Garments Issues in Central Excise

By Madhukar N Hiregange On 22 November 2011 at 13:28

INTRODUCTION FA 2011 made some key proposals to change the excise duty structure of a vast majority of products in the textile sector. This has significantly i...

0 comments | 5976 hits


Easy Understanding of Rule 6 of CCR

By CA PRAMOD SARAOGI On 01 October 2011 at 17:50

EASY UNDERSTANDING OF RULE 6 OF CENVAT CREDIT RULES 2004 FOR CA FINAL STUDENTS NOVEMBER 2011 Hi students you must be aware that a number of changes have been brought about in CENVAT Credit Rules, 2004 and more partic...

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4 comments | 4835 hits


IGST Model - An Innovative Idea

By Nagesh Bajaj On 19 September 2011 at 18:21

The First Discussion Paper produced by the Empowered Committee of state Finance Ministers has come out with an innovative way to deal with inter-state transaction of goods and services. The forthcoming GST will be dual in nature and will be levied o...

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0 comments | 1439 hits


Inventories defined and Rule 3 (5B) of CCR

By Manoj Pala On 05 August 2011 at 14:39

INVENTORIES defined and read in terms of Rule 3 (5B) of CCR; Inventories are assets (current assets) which encompass a) RAW MATERIALS held for use in the production process or in rendering of services b) Stores, maintenance suppli...

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3 comments | 2367 hits


Inventory write downs vis-a-vis Rule 3 (5b) of CCR

By Manoj Pala On 03 August 2011 at 12:18

Inventories are measured at the lower of cost or net realizable value (NRV). If the NRV falls below the recognized costs pf an inventory item, the respective inventory items must be measured. Inventory write-downs should reflect the estimated loss i...

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3 comments | 2148 hits



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