Excise Articles

Cenvat Credit of Input Services up to Place of Removal

Posted by Manish K.Gandhi 17 August 2015 19399 Views

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

Posted by CA Chinmay Gangwal 05 August 2015 21249 Views

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

Posted by Pradeep Jain 25 July 2015 10199 Views

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

Posted by Bimal Jain 24 July 2015 21208 Views

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

Posted by Manish K.Gandhi 14 July 2015 18436 Views

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

Posted by Prabhat Kumar 10 July 2015 21584 Views

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

Posted by CMA Poornima Madhava 08 July 2015 23141 Views

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

Posted by Bimal Jain 08 July 2015 8292 Views

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

CBEC clarifies - Dealer Registration not mandatory for transit sale

Posted by Bimal Jain 08 May 2015 7524 Views

Background: Vide Notification No. 8/2015-C.E. (N.T.), dated March 1, 2015, the following provisos were added to Rule 11(2) of the Central Excise Rules, 2002 (�the Excise Rules�) "Provided also that if the goods are sent directly to a

Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers

Posted by Bimal Jain 04 May 2015 36974 Views

Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers and Gist of Other important Notifications - LS passed Finance Bill, 2015 The Lok Sabha passed the Finance Bill, 2015 which includes various tax proposals pres