Excise Articles

Customs Clearance: Undertaking Instead of Bond Extended

Posted by DEEPAK SETH 23 April 2020 2970 Views

Discover the extended facility for customs clearance, allowing undertakings instead of bonds until 15.05.2020 due to COVID-19 challenges. Learn more.

Summary of Excise and Service Tax waiver in Legacy Dispute Resolution Scheme

Posted by Venkatanarayana GM 04 September 2019 5056 Views

Information w.r.t SVLDRS - effective from 01.09.2019

Investment subsidy by State Govt. - Whether excise duty is payable

Posted by Arbind Aggarwal 30 May 2017 7919 Views

Investment subsidy by State Govt. - Whether excise duty is payable

Highlights of Applicability of Excise on Gems and Jewellery Industry

Posted by samarth jain 29 January 2017 3316 Views

This write up is to update you on the recent developments on applicability of Excise on Gems and Jewellery Industry.

Seizure of cash during investigation in central excise

Posted by Prabhat Kumar 03 September 2016 7557 Views

The cash is a vehicle to run the business and an unwarranted seizure only put breaks on the movement of the business. Not only this has the seizure of cash also...

Professional Opportunity - Central Excise - Jewellery

Posted by Madhukar N Hiregange 24 June 2016 11551 Views

The new assessee engaged in manufacture of jewellery may find it difficult to cope with compliance requirements under Central Excise law. The liability starts from 1st March 2016 though some procedural relaxations provided to the Jewellery segment.T

Registration under excise by jeweller: A thoughtful decision

Posted by Ashish Chaudhary 24 June 2016 13837 Views

BackgroundRegistration with tax authorities is first step for any assessee to make compliance with the law and similar is the case for jewelers who have been brought within excise ambit in Budget 2016-17. But it

Excise Duty on Jewellery - A Nightmare

Posted by Amrit Dalmia 27 May 2016 13998 Views

In this year�s Budget, a nominal excise duty of 1% [without CENVAT Credit on Capital Goods and Inputs]and 12.5% [with CENVAT Credit on Capital Goods and Inputs] has been imposed on articles of jewellery [excluding silver jewellery, other than s

Advantages to a jeweller for registering under excise

Posted by SHILPA GUPTA 23 May 2016 9441 Views

Union budget 2016-17 has introduced levy of excise duty on making of jewellery. With the levy, jewellers feared that the �Inspector rajya� would be back and this fear led to a widespread outrage among the jewellers for non acceptance of l

Limitation in case of recovery of interest on delayed payment of central excise duty

Posted by R.P.Singh 12 May 2016 8107 Views

The judicial precedent always plays vital role to clarify the law particularly when statute is not clear cut in regard to any issue. There is the same situation in the case of demand of interest on delayed payment of Central Excise Duty. The Central