Excise Articles

Exemption for small scale units (SSI) under central excise

CA Gagandeep Singh Kochar 11 September 2015 at 12:01

Meaning of Small Scale Exemption.Under the provisions of the Central Excise Act a Small Scale Industry is one whose aggregate value of Turnover does not exceed Rs. One Hundred and Fifty Lakhs made on or after the 1st day of April

Cash discount under Excise valuation - SC Judgement and its analysis

Yash Goyal 08 September 2015 at 10:36

Dear All,In this article, I have discussed a recent judgement of the Supreme court and also shared my views / confusion in regards to the same. Request the readers to express their valuable views in this regard. Introduction:It is a common industry p

Cenvat Credit of Input Services up to Place of Removal

Manish K.Gandhi 17 August 2015 at 10:27

Cenvat Credit of Input Services up to Place of Removal: Whether Circular dated 20.10.2014 and 28.02.2015 ultra vires provisions of Cenvat Credit Rules� 2004? CBEC vide Circular No. 988/12/2014-CX dated 20.10.2014 intimated insertion of definiti

Analysis on Excise Duty

CA Chinmay Gangwal 05 August 2015 at 11:10

Welcome to Excise DutyIn India, there are huge numbers of list for taxes, which are paid for different purposes. Suchas Income tax, VAT, CST, Service tax, Customs,Octroi/LBT, Entertainment Tax Etc. All these taxes have aim to collect for some reason

Amendment in proviso- textile

Pradeep Jain 25 July 2015 at 17:28

TRIPLE THE AMENDMENTS, TRIPLE THE HASSLE, NOW ALL IS WELL Introduction“Proviso”: when it is added to an exemption notification, brings out some conditions on fulfillment of which the benefit of notification will be allowed. Therefore, as

CBEC issues guidelines for detailed scrutiny of Excise Returns

Bimal Jain 24 July 2015 at 10:56

CBEC issues guidelines for detailed scrutiny of Excise ReturnsBackground:The Central Board of Excise and Customs (�CBEC� or �the Board�) vide Circular No. 185/4/2015-ST dated June 30, 2015 had laid

Cenvat Credit on services received for Wind Mill, beyond factory gate-Confusion aggrieved

Manish K.Gandhi 14 July 2015 at 10:57

There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & M

Section 35-F of central excise act, 1944

Prabhat Kumar 10 July 2015 at 10:50

Law has always been a dynamic subject and so is the interpretation of law. Section 35F of the Central Excise Acts provides deposit of “certain percentage of duty demanded or penalty imposed before filing of the appeal”. Earlier in this se

Manufacture under Central Excise Act

CMA Poornima Madhava 08 July 2015 at 10:32

The term manufacture refers to a process involving the conversion of an input into a completely different output.As per section 2(f) of Central Excise Act, 1944 (CEA), manufacture includes any process: Incidental or ancillary to the completion of a m

CBEC specifies conditions and safeguards for issuing digitally signed invoices and maintaining e-records

Bimal Jain 08 July 2015 at 10:30

Dear Professional Colleague,CBEC specifies conditions and safeguards for issuing digitally signed invoices and maintaining e-recordsBackground:The Service Tax Rules, 1994 (�the Service Tax Rules�) were amended vide Notification No. 5/2015