Excise Articles

Penalty under Rule 27 for Technical Lapses? No Way

D R Pandit 20 December 2012 at 10:55

Rule 27 of Central Excise Rules 2002, is generously used for penalizing technical lapses. Many subscribe to the view that when penalty is imposed under Rule 27 for say, delayed filing of Returns, the penalty is payable. With due respect to all those

Valuation of Goods Under Central Excise

ALOK GUPTA 26 November 2012 at 12:27

Valuation of goods is one of the most important step in central excise. After duty liability is established and after the product is correctly classified, the next question is 'What is the Excise Duty pa

Approach to Understand Central Excise

Madhukar N Hiregange 08 October 2012 at 11:54

This paper provides the birds eye view of the law and practice of central excise and is focused on the individual who wishes to understand the basics. The defini

Introduction to writ petition in relation to taxation matter

ANIL KUMAR BEZAWADA 20 September 2012 at 14:31

As per Article 226 of Constitution of India every High Court can issue any direction or order or writ to enforce for enforcement of rights which are in the n

Excise - Price declared below cost of manufacture

Bimal Jain 10 September 2012 at 14:14

Whether the price declared below the cost of manufacture can be regarded as Normal price for chargeability of Excise duty. Dear Professional Colleague, We are sharing with you a recent judgment of the Honorable Supreme Court, New Delh

Cenvat Credit on own retail shop/showroom

Arun Kumar Singh 27 August 2012 at 12:00

The definition of input services in the Cenvat Credit Rules to submit that all the services which are used by the manufacturer whether directly or indirectly till the place of removal are eligible as input service credit.

Interest on Refund:Ranbaxy Case

vishal mishra 13 August 2012 at 11:24

RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl

What is 'Remand' and What is not 'Remand' by Commissioner(A)

ANIL KUMAR BEZAWADA 11 August 2012 at 13:35

What constitutes remanding the matter for fresh adjudication and what not constitutes remand by Commissioner (Appeal) in Excise, Customs and Service Tax It is quite often in litigation matters, the higher appellate forums to the lower adjudicating

Central Excise Records/Returns and Relevance of Cost Records

CMA Navneet Kr Jain 17 April 2012 at 11:28

Recently on 30th March CBEC has issued one notification with regard to the documents to be produced during Excise audit and this article is a step towards explaining co-relation of costing and Excise Returns.

Budget Changes in CENVAT Credit Rules

CA.Manindar Kakarla 30 March 2012 at 12:25

Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their