Excise on imported coal

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Shailendra Jaiswal, (Querist)
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29 October 2014 EXCISE RATE ON IMPORTED COAL
OR IT IS CENVATABLE OR NOT PLEASE TELL ME
AND GIVE ME SOURCE OF THIS MATTER INFORMATION FOR REFFRENCE,

Shailendra Jaiswal,

Shailendra Jaiswal, (Querist)
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31 October 2014 ANY ONE HERE..............................

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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21 July 2024 Excise duty on imported coal in India falls under specific regulations and rates determined by the Central Board of Excise and Customs (CBEC). Here are some key points regarding excise duty on imported coal:

1. **Excise Duty on Imported Coal:**
- Imported coal attracts Basic Customs Duty (BCD) and other applicable duties as per the Customs Tariff Act, 1975. The rates may vary depending on the type of coal imported.
- Excise duty specifically relates to goods manufactured within India. Since imported coal is not manufactured in India, excise duty, as typically understood, is not applicable to imported goods.

2. **Cenvat Credit:**
- Cenvat (Central Value Added Tax) Credit can generally be claimed on the excise duty paid on inputs used in the manufacture of goods within India. For imported goods like coal, Cenvat Credit is not applicable because excise duty is not levied on imported goods in the same way as it is on domestically manufactured goods.

3. **Source of Information:**
- For specific details on excise duty applicability and rates for imported coal, you should refer to:
- **Customs Tariff Act, 1975**: This act governs the tariff rates on imported goods, including coal.
- **Central Excise Act, 1944**: Provides the legal framework for excise duty in India, applicable to domestically manufactured goods.
- **Notifications and Circulars by CBEC**: These documents provide updates and clarifications on duties and taxes applicable to imports.

It's recommended to consult these sources directly or seek guidance from a qualified tax advisor or customs consultant who can provide specific advice tailored to your situation.

In summary, while excise duty does not apply to imported coal in the traditional sense, understanding the applicable customs duties and taxes under the Customs Tariff Act is crucial for anyone importing coal into India.

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