Excise News

CBEC revises limit of arrest and prosecution to 1 crore

24 October 2015 at 11:20

Central Board of Excise and Customs revises limit for arrest and prosecution substantially upwards ; In cases of outright smuggling or mis-declaration of baggage, the limits regarding value of offending goods have been revised from Rs. 5 lakh to Rs.

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Indirect tax revenue jumps by 32.6 percent

10 October 2015 at 10:50

Indirect Tax Revenue (Provisional) Collections Increase to Rs. 61,284 crore in September 2015 from Rs. 46,224 crore in Spetember 2014 ; Thus an Increase of 32.6% has been Registered in Collections During September 2015 over the Corresponding Period i

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Conditions for digitally signed invoices in excise and service tax

07 July 2015 at 10:43

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs NotificationNo. 18/2015-Central Excise (N.T.) New Delhi, the 6th July, 2015 G.S.R. (E).____In pursuance of sub-rule (5) of rule 10 and sub-rule (9) of rul

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Initiatives to Facilitate Trade and Encourage Non-Adversarial Tax Administration

08 November 2014 at 11:12

In the Budget 2014 Honble Finance Minister had announced certain initiatives to facilitate trade and cut trade transaction costs. It is the endeavor of the Indirect Tax administration to facilitate the trade and industry in discharging their t

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Splitting up of rebate claims to avoid pre-audit-reg

04 November 2014 at 10:35

F. No. 206/05/2014-CX.6Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & CustomsDt: 03.11.2014 ToThe Chief Commissioners of Central Excise (All) Sub: Splitting up of rebate claims to avoid pre-audit-reg.

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Regarding audit by officers of Central Excise

10 October 2014 at 10:31

Circular No. 986/ 10/ 2014-CXdated 09.10.2014 F. No. 206/10/2014-CX.6GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUECENTRAL BOARD OF EXCISE AND CUSTOMS ToThe Chief Commissioners of Central Excise (All) Sub: Audit by officers of Central Ex

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Excise duty concession on various items extended for 6 month

26 June 2014 at 11:36

FM: Government Extends Duty Concessions on Various Items for A Period of Six Months Beyond 30th June, 2014; Notification to be issued Today In order to provide a fillip to the capital goods and automobile sector, and given its commitment to revive th

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CBEC Notifies new restrictions to be imposed on delinquent assesses

22 March 2014 at 13:24

CBEC Notifies new restrictions to be imposed on delinquent assesses Under Rule12AAA of the Cenvat Credit Rules, 2004 along with Rule 12CCC of Central Excise Rules 2002 as amended Notification No. 13/2014- to- 16/2014 CE(NT) all dated 21.03.2014CENVAT

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Chief Commissioner of Central Excise to order withdrawal of facilities or impose the restrictions as specified

22 March 2014 at 11:53

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUENotification No. 16/2014 - Central Excise (N.T.) New Delhi, the 21st March, 201430, Phalguna, Sa

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Seeks to substitute Quarterly return prescribed vide Notification No. 73/2003-Central Excise(N.T.) dt 15.9.2003 by an amended Quarterly Return Form

01 March 2014 at 11:14

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE Notification No. 11/2014 – Central Excise (N.T.) New Delhi, the 28th February, 20149, Phal

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