Dutiability of intermediate products and captive consumption: The definition of manufacture under section 2(f ) of the Act would also imply that manufacture would take place at an intermediate stage […]
Excise - 46. page
Introduction on Classification of Goods – Excise
Introduction on Classification of Goods : Classification of goods consist of determining the headings or sub headings of central excise tariff under which the said goods are covered. Classification is needed […]
Defination of Marketable – Excise
Defination of Marketable : Marketable mean Articles in crude or elementary form are not dutiable as they are merely intermediate products and are not goods. Various courts held that it would […]
Defination of Non –dutiable goods – Excise
Defination of Non –dutiable goods : “Non –dutiable goods” means excisable goods which have a rate of duty of Zero. Therefore , these goods are called excisable but not dutiable goods […]
Defination of Dutiable goods – Excise
Defination of Dutiable goods : “Dutiable goods” means excisable goods which have a rate of duty greater than Zero per cent. When dutiable :- . The goods must be movable […]
Rule -5 of CER,2002 :- Date for determination of duty and tariff Valuation – Excise
Rule -5 of CER,2002 :- Date for determination of duty and tariff Valuation : The rate of duty or tariff value applicable to any excisable goods ,shall be the rate […]
Rule-4 :- Duty Payable on removal – Excise
Rule-4 :- Duty Payable on removal: The taxable event for the charge of excise duty is the production or manufacture of goods , whether the goods are consumed ,sold or […]
Exception to section 3 of central excise act
Exception to section 3 of central excise act : Section 3A regarding power of CG to charge ED on the basis of ‘Capacity of Production’ in respect of ‘Notified Goods’ […]
Levy and Collection of Duty – Excise
Levy and Collection of Duty : Section 3(1 ) of the central excise Act ,1944 is the charging section and it states that – There shall be levied and […]
Defination of Manufacture under Excise Law
Defination of Manufacture under Excise Law : It includes any process – Incidental or ancillary to the completion of a manufactured product; and Which is specified in relation to any […]