Central excise tariff act 2012-13 pdf

Additional duties of excise textiles and textile articles act, 1978. The classification list in this regard was approved by the assistant commissioner. With this, manufacturers can easily pay their excise online on. The bill inserts a similar provision in the 1944 act. Trui home page of central board of indirect taxes and customs. The central excise act, 1944 was created to ensure that laws concerning the central duties of excise on any goods or products manufactured within the length and breadth of india, could be consolidated as well as amended by the central government.

Further, it also inserts a provision to allow the central government to amend the newly inserted fourth schedule through notification. Central excise, rules, tariff, acts, notifications, manual. Ufac cleared these items for export as well as in domestic tariff. Excise tariff act 1921 federal register of legislation. The central government had notified unmanufactured tobacco, bearing a brand name, falling under tariff heading 2401 of the first schedule to the central excise tariff act, 1985. However this act does not contain the rate at which duties are imposed 4. However this act does not contain the rate at which duties are imposed. Central excise tariff act, 1985 tax management india.

Central excise valuation determination of price of excisable goods rules, 2000. General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957. 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. This act classifies various goods on which central excise duties are levied. Be it enacted by parliament in the thirtysixth year of the republic of india as follows.

Central excise tax changes for aluminium and aluminium. The central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. The central excise tariff act 1985 taxindiaupdates in. Download central excise tariff 2012 file in docx format. All round support centre for management in taxation, viz. This is the basic law related to the levy and collection of duties of central excise. Home page of central board of indirect taxes and customs. An act further to amend the customs act, 1962, the customs tariff act, 1975, the central excise act, 1944, the central sales tax act, 1956, the finance act, 2001 and the finance act, 2005 and to repeal certain enactments. Contact at delhi a36, first floor, rajouri garden, new delhi 110 027. The central excise tariff act 1985 compliance india. Article 246 of the indian constitution, distributes legislative powers including taxation, between.

General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957 additional duties of. Mineral fuels, mineral oils and products of their distillation. Seeks to supersede notification number 32005central excise dated. Excise duty changes in budget 2014, 2012 20 cybex exim. Central excise tariff and nontariff notifications rescinded. Central excise tariff act, 1985 5 of 1986 hereinafter referred to as. Amended by the central excise tariff amendment ordinance, 2002. Central excise tariff no change 4819 10 cartons, boxes and cases, of corrugated paper or paperboard. General rules for interpretation of the schedule to the central excise tariff act, 1985. The goods thus manufactured must be excisable means the goods must be specified in central excise tariff act,1985 in india, the government has produced an automatic centralised system for paying excise.

Excise tariff act, the first schedule shall be amended in the manner specified in the seventh schedule. Central excise tariff 2012 central excise act general excise act the central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. Click here to read government notification on changes in excise tax tariff rate under indian budget 201718, hsn code chapter wise. Customs tariff act, 1975 general rules interpretation of import tariff national calamity contingent duty nccd education cess exemption to specified goods from secondary and higher education cess. Faq on swachh bharat cesssbc 286 kb act 797 kb rules. Central excise ars management consultancy services. No changes in customs duty rates as per indian budget 201718 under this hsn chapter. Additional duties of excise goods of special importance act, 1957 58 of 1957 4. Central excise tariff 201617 as on 02022017 disclaimer. Till 1969, there was physical control system wherein each clearance of manufactured from the factory was done under the supervision of the central excise officers. Notifications central board of indirect taxes and customs. Amendment of chapter notes to chapter 54 of first schedule.

This erstwhile collectorate was having wide jurisdiction of entire erstwhile state of. Finance act 2012 related to excise, custom, service tax. As per the central excise act, duty is leviable only on excisable goods. General explanatory notes to the first schedule to the central excise tariff act, 1985 additional duties of.

In case of articles of jewellery, which are manufactured from. According to the assessee, the manufactured goods are classifiable under chapter heading 4009. Changes in customs and central excise law and rates of duty have been proposed through the finance no. Section 1 short title extent and commencement 1 this act may be called the central excise tariff act, 1985. The first schedule to the central excise tariff act, 1985 is accordingly being amended. An act to provide for tariff for central duties of excise. General excise act 39 kb the central excise tariff act, 1985 5 of 1986 rules for the interpretation of the first schedule to the central excise tariff act, 1985. In the central excise tariff act, 1985 hereinafter referred to as the centra. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944 and in supersession of i notification of the government of india in the ministry of finance department of revenue, no. Currently, under the central excise tariff act, 1985, the central government has powers to change excise rates through notification in emergency circumstances. The effective rate of excise duty of 10% on nonpetroleum products is being increased to 12% with a few exceptions where exemptionsconcessions have been given. There is no doubt whatsoever that the duty of excise leviable under section 3 would be on the basis of the value of like goods produced or manufactured outside india as determinable in accordance with the provisions of the customs act, 1962 and the customs tariff act, 1975.

Short title, extent and commencement 1 this act may be called the customs act, 1962. December, 1962 an act to consolidate and amend the law relating to customs. Valuation central excise valuation and not customs fob applicable. Determination of the correct taxable value in terms of section 4 of the central excise act read with central excise valuation rules 2000. As such, the present act is classifying various goods on which central excise duties are imposable and prescribing the rates at which such duties are payable. General news central excise, customs and service tax. Till the finance bill, 2012 is enacted, the general. Be it enacted by parliament in the thirteenth year of the republic of india as follows. Googletwitter a session on cyber crimes will be conducted by dr. The details about changes in central excise duty for aluminium and aluminium articles as per budget 201718 is given under.