Central excise rates are determined by the ministry of finance, with rates changing during budgets. Excise department is one of the oldest departments in the state and it contributes a major share of the state revenue. Drawback schedule2014 home page of central board of. These rates are a reflection of economic trends in the country and are generally designed keeping in mind multiple requirements. Central excise law manual 201718, by r k jain, 9788175885257. Vigilance matters central excise, customs and service tax. New norms for manual scrutiny of service tax returns from. Budget 201415 changes in excise duty in budget 2014 2015. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944 and section 94 of the finance act, 1994 32 of 1994, the central government hereby makes the following rules further to amend the cenvat credit rules, 2004, namely. Central excise manual chapter 1 parti, introduction, an overview of central excise, chapter2 parti registration and ecc number, new excise control code. Buy central excise law manual 201718 book online at low price in india on.
In this years budget, a nominal excise duty of 1% without input tax credit. The selection of the asseessees for the purpose of manual scrutiny, cbec said, would be made under three bands where the service tax is paid up to rs 10 lakh, rs 1025 lakh and rs 2550 lakh in 201415. However, the recovery of arrears has been showing a decreasing trend over the last three years. The central excise and service tax hyderabadii commissionerate was formed in the year 1997 having jurisdiction over the hyderabad district of the erstwhile state of andhra pradesh for collection of customs, central excise and service tax revenue and for enforcement of the relevant actslaw. Latest edition gst book gst law and analysis with conceptual procedures in 3 volumes, updated as on 01. Implementation of cadre restructuring apar status report 20140310. Section of cea, 1944 change at glance applicable w.
Buy central excise law manual 201415 book online at low. Faq on swachh bharat cesssbc 286 kb act 797 kb rules. Dpc for promotion to inspector of central excise intimation for physical standardendurance testsinterview 20140319. Detailed commentary on gst laws and procedures with multiple practical case studies, discussion on all updated provisions and rules along.
General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957. Home list manuals central excise manual central excise practice manual this central excise practice manual. The chief commissioner of central excise, chennai zone. With the subsumption of several indirect taxes and levies, including central excise duty and service tax, under the gst, the nomenclature was updated to reflect. The central excise officers will not visit the manufacturing unitshopsplace of. Jul 10, 2015 the selection of the asseessees for the purpose of manual scrutiny, cbec said, would be made under three bands where the service tax is paid up to rs 10 lakh, rs 1025 lakh and rs 2550 lakh in 2014 15. Arrears of central excise increased by 50 per cent in 201415 as. Indian central excise manual, chapter8, parti, export t. Central excise audit manual computer assisted audit program manual 2009. Central board of excise and customs cbec will start detailed manual scrutiny of service tax returns of assessees based on risk parameters under modified norms from august 1. The central board of excise and customs cbec has now issued notification no 182015 dated 6 july 2015 and instructions f.
A2z taxcorp llp is a boutique indirect tax firm having professionals from multi disciplines which includes goods and services tax gst, central excise, custom, service tax, vat, dgft, foreign trade policy, sez, eou, export import laws, free trade policy etc. The issue is whether the income tax act imposes any embargo on manual processing of returns, in case they cannot be processed on itba or any other software of it department. It is further observed that recovery during the year, as a percentage of. In a dynamic context, this balance cannot be rigidly or permanently fixed. These are further defined in the central excise manual. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. Jul 27, 2015 cbec has recently issued two circulars no. Budget 2014 restore interest rate to % amend cenvat credit rules, 2004. Central excise, rules, tariff, acts, notifications, manual, circular. General rules for interpretation of the schedule to the central excise tariff act, 1985. Rsgsm ropp seals duly printed open competitive bid201415. In reference to this, a prerfp meeting shall be organized virtually with prospective bidders on 18052020 monday at 1500 hrs. Home page of central board of indirect taxes and customs.
The central board of excise and customs cbec will start detailed manual scrutiny of service tax returns of assessees based on risk parameters under modified norms from august 1. Audit also noticed that during the years 2014, 201415 and 201516, 31. Effective use of aarogya setu app for breaking the chain of transmission of covid19. Interim budget 201415 changes in excise duty related.
Jul 20, 2015 central board of excise and customs will start detailed manual scrutiny of service tax returns of assessees based on risk parameters. Revised apar from 201415 for all group a, group b gazetted and nongazetted executive officers of central board of excise and customs released by dghrd, finance ministry directorate general of human resource development dghrd, ministry of finance has released revised apar for the year 201415, for performance appraisal of following officers. Some important forms, due dates and frequency thereof. It is observed that the revenue forgone for 201415 in respect of excise of duties was rs 1,84,764.
Budget 201415 amendment in excise duty related provisions. The central board of excise customs cbec said that a two part system of return scrutiny was envisaged a preliminary scrutiny which. Implementation of cadre restructuring apar status report 2014 0310. Central excise nontariff notification 122014 central excise n. Cbec, the finance ministry said, has issued revised 2009 guidelines on manual scrutiny of service tax returns in view of the legal changes brought about by the negative list based taxation of services and. Changes in excise duty and notification india budget 201415. The excise duty structure on mobile handsets has been restructured so as to provide that all mobile handsets will attract 1% excise duty if cenvat benefit is not availed of. Export of excisable goods, forms to be used, procedure for clearance for export sealing of goods and examination at place of despatch distribution of documents are. Tiol tax news, gst, income tax, service tax, customs. Central excise manual chapter 1 parti, introduction, an overview of central excise, chapter2 parti registration and ecc number, new excise control code ecc number, chapter3 assessment classification valuation provisional assessment, classification, valuation, provisionalassessment, manner of payment of duty and account current, scrutiny of assessment, chapter 4 invoice system, transhipment. As per the manual for the scrutiny of central excise returns, a monthly. Procedure for demand recovery of dues of central excise. Tobacco and manufactured tobacco substitutes search updated central excise duty and tariff of years 2009, 2008, 2007 and 2006.
For the recovery of dues action is to be taken under section i 1 of the central excise act. Comparative figures of various countries for the year 2011 comparative cost of. Existing manualinstructions to be followed by the field formation also. Buy central excise law manual 2014 15 book online at best prices in india on. Dpc for promotion to inspector of central excise intimation for physical standardendurance testsinterview 2014 0319. During 201415, the central excise revenue has shown 11. Cbic is planning to release rfp for selection of vendor for running of service centre at select edi sites. Jul 01, 2017 central excise rates are determined by the ministry of finance, with rates changing during budgets. Accordingly, the duty leviable under the compounded levy scheme has been modified. Rate of interest for delayed payment of excise duty service tax should be restored back at % p. Aug 07, 2015 eligibility of inputsinput services to cenvat credit would have to be determined with respect to rule 2k and rule 21 of the cenvat credit rules, 2004 which has to be read in conjunction with section 372 of the central excise act, 1944 under which the cenvat credit rules notification is issued.
The central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. Buy central excise law manual 201415 book online at best prices in india on. Jul 10, 2014 accordingly, the duty leviable under the compounded levy scheme has been modified. Go to changes in budget 201516 changes in excise duty in budget 201415 go to budget main page. Manual for the scrutiny of central excise returns 2008 7 chapter 1. Eligibility of inputsinput services to cenvat credit would have to be determined with respect to rule 2k and rule 21 of the cenvat credit rules, 2004 which has to be read in conjunction with section 372 of the central excise act, 1944 under. Additional duties of excise goods of special importance act, 1957 58 of 1957 4. The central excise manual prescribed that the department should. The manual does not deal with legal interpretations and rulings on central excise and service tax matters.
After exhausting the option of taking action as above, if dues remain unrecovered, action is to be taken under the provisions of section 142 of the customs act, 1962 which have been made applicable to like matters. By definition, refund includes rebate of duty paid on goods exported out of india or on materials used in the manufacture of goods exported out of india. The department is administering laws related to liquor, narcotic drugs and psychotropic substances and medicinal preparations containing alcohol and narcotic drugs, etc. Every rule and step in the procedure must serve a definite purpose. Union report 3 of 2017 revenue indirect taxes central excise cag. Central excise practice manual tax management india. Revised apar for group a and group b officers of cbec. During the course of audit of central excise records and accounting records of the said assessee for the financial year 200910, 201112 and 2012, it was observed that the. Central excise manual chapter 1 parti, introduction, an overview of central excise, chapter2 parti registration and ecc number, new excise control code ecc number, chapter3 assessment classification valuation provisional assessment, classification, valuation, provisionalassessment, manner of payment of duty and account current, scrutiny of assessment, chapter 4.
A2z taxcorp llp is a professionally managed firm and having team of distinguished chartered accountants, company secretary, lawyer. The procedures prescribed in the central secretariat manual of office procedure csmop, attempt to balance the conflicting considerations of speed, quality, transparency and propriety. New norms for manual scrutiny of service tax returns from august. Consequent to filing of their revised return along with a claim for refund for a. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the government of india, in the ministry of finance department of revenue, no. Jul 10, 2014 amendments in the central excise act, 1944.