Excise Articles

Legal Decisions VS departmental circular - Central Excise

Posted by Harsha 08 April 2013 14266 Views

Legal Decisions Vs Departmental Circular in Central Excise CA Sriharsha KM In the Indirect Tax Bracket net, there would be plethora of case laws passed by various Tribunals, High Courts and Supreme Court. Further, the CBEC also clarifies the is

CBEC should withdraw draconian circular-Recovery proceedings

Posted by Bimal Jain 04 April 2013 9262 Views

CBEC should withdraw draconian circular - Recovery proceedings during pendency of stay application The Central Board of Excise and Customs (the CBEC or the Board) has issued its first Central Excise Circular No. 967/01/20

Duty increase in Compound Levy

Posted by Pradeep Jain 29 March 2013 12475 Views

Patta Patti manufacturers: Tempted to opt Cenvat Scheme Introduction: Compounded levy scheme was introduced in the Central Excise Law with the duty of Rs. 10000/- per machine per month in the year 1994. The scheme was simple with reasonable

Budget 2013- Garment Industry

Posted by Madhukar N Hiregange 01 March 2013 8033 Views

Budget 2013 Impact on Garments Industry The Garment industry has suffered a lot in the in the last one year due various factors, such as increase in the cost of power, labor, transpor

Physical affixing of Brand name on Goods - Not Sole Criterion

Posted by CA Ankit Gulgulia (Jain) 19 January 2013 8272 Views

Physical affixing of Brand name on Goods is not the sole criterion for denial of SSI Exemption under Central Excise We are sharing you an important analysis of judgement in case of CCE, CHENNAI-II v. M/s Australian Foods India Ltd. 20

HC grant stay against CBEC's Circular on Recovery of Demands

Posted by Bimal Jain 15 January 2013 18940 Views

AP High Court grant interim stay against CBECs Circular on recovery of confirmed demand during pendency of stay application The Central Board of Excise and Customs (CBEC) has issued its first Central Excise Circular No. 967/01/2013 - CX, dat

Recovery of Confirmed Demands in pendency of Stay appeal

Posted by Bimal Jain 03 January 2013 9389 Views

Recovery of Confirmed Demands‏ during pendency of Stay applications CBEC has issued its first Central Excise Circular No. 967/01/2013 - CX, dated January 01, 2013 on eve of New Year 2013, for recovery of confirmed demands during pendency of Sta

Penalty under Rule 27 for Technical Lapses? No Way

Posted by D R Pandit 20 December 2012 61698 Views

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

Posted by ALOK GUPTA 26 November 2012 107744 Views

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

Posted by Madhukar N Hiregange 08 October 2012 42021 Views

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