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Clarification regarding valuation of free samples of the products covered under MRP based assessment - reg

   20 February 2010 at 10:49

Clarification regarding valuation of free samples of the products covered under MRP based assessment – re

Posted in Excise |   10521 Views


Substantial Expansion by way of increase in installed capacity for the units availing area based exemption

   23 January 2010 at 10:58

Substantial Expansion by way of increase in installed capacity for the units availing area based exemptionCIRCULAR NO 912/02/2010-CXDated: January 22, 2010 Subject: Substantial Expansion by way of increase in installed capacity for the units availing

Posted in Excise |   12366 Views


Irregular availment of Cenvat credit on certain activities not amounting to manufacture-reg

   15 January 2010 at 11:19

Irregular availment of Cenvat credit on certain activities not amounting to manufacture-reg. Circular No. 911 /01 /2010-CX F.No.267/116/2009-CX8 Government of IndiaMinistry of FinanceDepartment of Revenue (Central Board of Excise & Customs)

Posted in Excise |   5031 Views


Govt realises 152% target for indirect tax recovery

   02 June 2009 at 12:34

Customs duty evasion still high, only a third of demanded duty was realised Author : Nivedita Mookerji/DNACustoms duty evasion continued to be high during 2008-09, according to estimates available with the ministry of finance. While the all-India cus

Posted in Excise |   6354 Views


Excise levy on large cars baffling

   16 June 2008 at 12:54

The government's move to impose heavier excise duty on large cars and utility-vehicles is baffling especially when it comes barely ten days since fuel prices were hiked.

Posted in Excise |   4884 Views


Area based excise duty exemptions modified

   12 June 2008 at 12:14

With effect from 1st April, 2008 the Central Government amended the area based excise duty exemptions applicable to units located in Jammu & Kashmir, North-East, Sikkim and Kutch District of Gujarat so as to allow refund of excise duty based upon

Posted in Excise |   11373 Views


Laptops - Duty

   06 September 2007 at 11:58

HP NOT ENTITLED TO DUTY EXEMPTION ON HDDS IN LAPTOPS: SCIn a setback to Hewlett Packard India Sales (P) Ltd, the SupremeCourt has held that the company cannot claim customs duty exemptionon software-loaded hard disc drives fitted in laptops imported

Posted in Excise |   11166 Views


MVAT Audit date for F Y 2005-06 extended 31/10/2007

   23 August 2007 at 14:55

As per reports received the date for MVAT Audit for Financial Year 2005-06 has been extended to 31st October, 2007

Posted in Excise |   5988 Views