Excise Articles

Budget 2013- Garment Industry

Madhukar N Hiregange 01 March 2013 at 19:45

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

CA Ankit Gulgulia (Jain) 19 January 2013 at 15:54

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

Bimal Jain 15 January 2013 at 13:27

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

Bimal Jain 03 January 2013 at 12:41

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

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.