Ncentral excise act 1944 pdf download

In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff act, 1985 5 of 1986 the rules for the interpretation of the first schedule to the central excise tariff act, 1985 5 of 1986, the section. Central government and rupees respectively by section 3 and the second schedule of. Excisable goods exported may be allowed to be returned to the factory. Central excise act 1944 section 35ff citation 37183. They both talk about valuation of goods, with detailed explanation. For the removal of doubts, it is hereby clarified that for the purposes of section 3 of the customs tariff act, 1975 51 of 1975, the duty of excise leviable on the. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to be levied. The provisions of these rules shall apply to a person who is liable to pay the duty or duties of excise leviable on goods falling under chapter 62 of the first schedule to the central excise tariff act, 1985 5 of 1986 under rule 7aa as if such goods have been manufactured by him. The excise duty collections in 200607 was rs 1,17, 266 crore. Central excise act, 1944 bare acts law library advocatekhoj. Buy the central excise act, 1944 by pdf online from company secretary. The central excise act, 1944 customs act, 1962 central sales tax act, 1956 entry tax act companies act, 20 companies act, 1956 the limited liability partnership act, 2008 the securities and exchange board of india act, 1992. Download this app from microsoft store for windows 10 mobile, windows phone 8. This is the basic law related to the levy and collection of duties of central excise.

Schedule as being subject to a duty of excise and includes salt k. In this chapter, unless the context otherwise requires. Download the central excise act, 1944 by pdf online. Referencer customs central excise service tax central excise.

Whereas it is expedient to consolidate and amend the law relating to 1 duties of excise on goods manufactured or produced, and services. The central excises and salt act, 1944 presently known as the. The provisions of the central excise act, 1944 and rules made there under. Today, im going to discuss such two sections of central excise act, 1944. Eximkey india dgft, customs, excise, export import policy. The central excise rules, 1944 josh and mak international. Whereas it is expedient to consolidate and amend the law relating to central duties of excise on goods manufactured or produced in certain parts of india. During the past 65 years, the department had travelled a long way in the service of the nation and industry as well. The finance minister, arun jaitley, on friday, 31 march 2017 introduced the taxation laws amendment bill 2017 in the lok sabha the bill seeks to amend the customs act 1962, the customs tariff act 1975, the central excise act 1944, the finance act, 2001 and the finance act, 2005 and to repeal certain enactments. Explanation 2 appended to this subsection makes provisions for the applicability of section 11ab of the central excise act, 1944. Jain afterscho o ol centre for social entrepreneurship sivakamu veterinary hospital road bikaner 334001 rajasthan, ind slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Jain afterscho o ol centre for social entrepreneurship sivakamu veterinary hospital road bikaner 334001 rajasthan, india.

Amend the law relating to central duties of excise. Full text containing the act, central excise act, 1944, with all the sections, schedules, short title, enactment date, and footnotes. Subject to the provisions of section 11ac of the central excise act, 1944, following offences have been prescribed under rule 25i of the central excise rules, 2002removal of any excisable goods in contravention of any of the provisions of these rules or the notifications issued under these rules. Central excise act 1944 section 35ff citation 37183 bare. However this act does not contain the rate at which duties are imposed 4.

The central excises and salt act, 1944 provides for the levy and collection of duties of excise on all excisable goods specified in the first schedule to that act. Discuss briefly the provisions of rule 44 of the central excise rules, 2002 regarding storage of nonduty paid goods outside the factory. Download free sample and get upto 30% off on mrprental. Referencer customs central excise service tax central. Section3 duties specified in the first schedule and the second. The llp act 2008 accounting standard indas others gst vat igst utgst compensation cess. The central excise act, 1944 this act governs the levy of excise duty.

Cgst act igst act utgst act gst compensation to the states act addendum to the gst rate schedule 03. Central excise act 1944 chapters from chapter i vii. Cbec exempt excise duty on goods in fourth schedule to. Central excise act, 1944 was enacted on 24th february, 1944 by amalgamating. Dec 15, 2011 today, im going to discuss such two sections of central excise act, 1944. Application of certain provisions of act 1 of 1944. These are section 4, which determines goods value for the purpose of charging of excise duty.

Based on the material downloaded from cbec website. The banks are required to download the master directories of the. Ivd central excises, dated the 28th february, 1944. Goods cleared for export may be allowed to be returned to factory. The provisions of the following sections of the central excise act, 1944 1 of 1944, as in force from time to time, shall apply, so far as may be, in relation to service tax as they apply in relation to a duty of excise. 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 exempts the goods falling under the chapter, heading, subheading or tariff item of the first schedule to the central excise. Levy and collection of duty, indicating amount of duty in price of goods, powers and duties of officers and land holders, central excise act 1944, advance, rullings, settlementofcases, adjudicationofconfiscationsandpenalties, appeals, presumptionastodocuments, supplementalprovisions, customs excise and gold control appellate tribunal procedure rules1982, orders under section37b.

Statement of objects and reasons vide gazette of india, 1943, partv, page 243. Departmental circular nor a manual of instructions issued by the central board of. In exercise of the powers conferred by sections 6,12 and 37 of the central excises and salt act, 1944 1 of 1944, the central government is pleased to apply in the adapted form set out below certain provisions of the sea customs act, 1878 viii of 1878, and to make the following rules for. Union government has power to under article 246 of constitution to make rules and amendment in the excise duty laws. Thus the central excise act, 1944 is a comprehensive excise duty enactment administered by the union government. Indicating amount of duty in the price of goods, etc. Download as pptx, pdf, txt or read online from scribd.

I of 1944 24thfebruary, 1944 an act to consolidate and amend the law relating to 1 duties of excise and to salt. Section 83 application of certain provisions of act 1 of. Search in central excise act, 1944 1 third schedule. Central excise act 1944 complete act citation 51721 bare. Interest on delayed refund of amount deposited under the proviso to section 35f where an amount deposited by the appellant in pursuance of an order passed by the commissioner appeals or the appellate tribunal hereinafter referred to as the appellate authority, under the first proviso to section 35f, is required to be refunded consequent upon the order of the appellate authority. Third schedule to central excise act 1944 see section 2fiii notes. Ii a indicating amount of duty in the price of goods, etc. Goods producedmanufactured in india are liable to excise duty. 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. These duties levied under the additional duties of excise goods of special importance act, 1957 are in addition to the duties payable under the central excise act, 1944. An act to consolidate and amend the law relating to central duties of excise. Notes of central excise central excise central excise is a levy tax, levied on a commodity manufactured within the country by the union government by an act of parliament usually in the finance bill, in the presentation of the budget in the parliament, generally on the last working day of february every year by notifying under a tariff. Excise of duty prescribed on advalorem basisrecovery ofleave to appeal was granted to consider whether under central excise and salt act, 1944, sections 3, 3c and 4 read with schedule thereof, excise duty prescribed on advalorem basis under the act could be charged and recovered as a consequence of sro. Thus, removal of goods to a storage place outside factory attract excise duty liability.