Central excise act 2014 pdf

Hitherto, the introduction of a new central duty of excise has required the enactment of selfcontained law and the preparation of a separate set of statutory rules. General exemptions central excise tariff 2014 secondschedule. Home page of central board of indirect taxes and customs. An act to provide for tariff for central duties of excise. The central excise laws, service tax laws are being. The act provides levy of excise duty by different methods. Budget 2014 amendment in central excise, custom duty. Duties specified in the first schedule and the second schedule to be levied. The excise management and tariff act an act to make provision for the control of the manufacture of excisable goods, the denaturing of spirits, for the collection of excise duties and for related and connected matters 1st november, 1954 ords nos. Additional duties of excise textiles and textile articles act, 1978.

Second schedule and third schedule central excise act, 1944 appendix i and ii. Emergency power of central government to increase duty of excise. In section 9a of the central excise act, for subsection 1, the following sub sections shall be substituted, namely. A new section 15a has been inserted in the central excise act, 1944 w.

Further, this section has also been made applicable for service tax law by virtue of section 83 of finance act 1994. General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957. In exercise of the powers conferred under the new section 35ff of the central excise act, 1944 and section 129ee of the customs act, notification nos 24 2014 cent and 70 2014 cusnt, both dated 12. The central excise act, 1944 277 the central ex cise act, 1944 section 1. Latest edition gst book gst law and analysis with conceptual procedures in 3 volumes, updated as on 01. The operative portion of the original order is reproduced below for better understanding. Budget 201415 notifications central excise tariff dated 11. In exercise of the powers conferred under the new section 35ff of the central excise act, 1944 and section 129ee of the customs act, notification nos 242014cent and 702014cusnt, both dated 12. Central excise, rules, tariff, acts, notifications, manual. Section 35f of central excise act, 1944 as substituted by the financeno. Consequential amendments of, and construction of references to the first schedule to act 1 of 1944. However this act does not contain the rate at which duties are imposed 4.

The central excise act, 1944 this act governs the levy of excise duty. Central excise act free download as powerpoint presentation. Guidelines provided herein are intended to ensure that the audits of central excise and service tax assessees and taxpayers are carried out in a uniform, efficient and comprehensive manner, adhering to the stipulated principles and. In these rules, unless the context otherwise requires, a act means the central excise act, 1944 1 of 1944. Budget 201415 changes in excise duty in budget 2014 2015. General rules for interpretation of the schedule to the central excise tariff act, 1985.

The additional duties of excise textiles and textile articles act, 1978 appendix. Amendments to the appeal provisions in customs, central excise and service tax made by finance act, 2014 issue of clarifications reg. Amendments to the appeal provisions in customs, central. In the central excise act, 1944 hereinafter referred to. Description 82014ce seeks to amend notification no. One method is by specified rate on the weight of the goods. The excise duty act, 2014 an act to consolidate and amend the law relating to excise duty and to provide for related matters. Second schedule and third schedulecentral excise act, 1944 appendix i and ii. Faq on swachh bharat cesssbc 286 kb act 797 kb rules. Central excise act, 1944, which imposes a duty of excise on. The legislation provides for the parameters for levy of duty like when it is to be charged, how the goods are to be valued for the purpose of duty, how the duty would be regulated and administered such as provisions for discharge of excise liability, filing returns, powers.

Act 11 excise duty act 2014 uganda revenue authority. Tariff notification in respect of fixation of tariff value of edible oils, brass scrap, poppy seeds, areca nut, gold and silver reg. The finance bill 2014 has proposed to enhance the scope of section 83, vide which the provisions of central excise act, 1944 are made applicable mutatis mutandis to service tax. Manuals home page of central board of indirect taxes and.

Jul 12, 2014 the finance bill 2014 has proposed to enhance the scope of section 83, vide which the provisions of central excise act, 1944 are made applicable mutatis mutandis to service tax. In 20152016, the gross tax collection of the centre from excise amounted to. Section of cea, 1944 change at glance applicable w. Duty may be reduced or waived where the following circumstances exist. Additional duties of excise goods of special importance act, 1957 58 of 1957 4. Document image 1 image 2 image 3 image 4 image 5 image.

One other issue which is not discussed above is regarding a situation, where an. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to be levied. As regards proposal of penalty under section 11ac of the central excise act, 1944 read with rule 25 of the central excise rules, 2002, i find that penalty under section 11ac of the central excise act, 1944 is a punishment for an act of deliberate deception. This is done under section 3 of the act entitled duties specified in the schedule and the second schedule to the central excise traiff act, 1985 to be levied. Central excise nontariff notification 122014 central excise n. Annexure i relating to abstract of balance sheet and statement of profit and loss and annexure ii relating to the value of the fringe benefits are no longer required to be annexed to the form no. This is the basic law related to the levy and collection of duties of central excise. The central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. Budget 2014 15 notifications central excise tariff dated 11. A special excise duty is charged on the change of ownership of locally registered secondhand motor vehicles at specified rates. Scribd is the worlds largest social reading and publishing site. In the central excise act, in section 2, in clause b, for the words chief.

Soap,organic surfaceactive agents,washing preparations,lubricatingpreparations, artificial waxes,prepared waxespolishing or scouring preparations, candles and similar articles, modelling pastes, dental waxes and dental preparations with basis of plaster search updated central excise duty and tariff of years 2009, 2008, 2007 and 2006. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. An act to give effect to the financial proposals of the central government for the. They shall come into force from the 1st day of march, 2002 rule 2. The excises and salt act, 1944 national board of revenue. Tax audit report requirements amended 1 august 2014.

Be it enacted by parliament in the sixtyfifth year of the republic of india as follows. Duties specified in first schedule and the second schedule to the central. The change of ownership of locally registered secondhand motor vehicles at specified rates. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944, the central government hereby makes the following rules further to amend the central excise rules, 2002, namely. Section 35f of the central excise act, 1944 and section 129e of the customs act. Detailed commentary on gst laws and procedures with multiple practical case studies, discussion on all updated provisions and rules along. Budget 201415 notifications central excise tariff dated. The additional duties of excise goods of special importance act, 1957 appendixii. Description 8 2014 ce seeks to amend notification no.