Tariff consolidation amendment decree 1996, shall be deemed to have come into force on 1st march 1995. Central excise, rules, tariff, acts, notifications, manual. 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. As per section 2f of central excise act, 1944 cea, manufacture includes any process.
As per the section 37 of the finance act, 1978 special excise duty was attracted on all excisable goods on which there is a levy of basic excise duty under the central excises and salt act. In this chapter, unless the context otherwise requires. Electricity is though specified in the ceta under tariff item 2716 00 00 but the same is presently. Eximkey india dgft, customs, excise, export import policy. The excises and salt act, 1944 national board of revenue. Excise tariff act 1921 federal register of legislation. The act gives a list of items chargeable to central excise duty. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to. Basic excise duty also known as central value added tax cenvat is levied at the rates specified in central excise tariff act. Excisable goods under central excise act,1944 section 2d of central excise act,1944. 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. 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.
Electricity is though specified in the ceta under tariff item 2716 00 00 but the same is presently not being subjected to any duty of. Second schedule and third schedulecentral excise act, 1944 appendix i and ii. However this act does not contain the rate at which duties are imposed 4. 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.
Union government has power to under article 246 of constitution to make rules and amendment in the excise duty laws. Ii a indicating amount of duty in the price of goods, etc. It is divided into 96 chapters grouped in twenty sections. Central excise notification tariff central excise notificationnon tariff central excise circular central excise instructions. 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 excisable goods of the description specified in column. As per explanation to section 2d of the central excise act, 1944, excisable goods means those goods specified in the schedule to central excise tariff act, 1985 as being subject to duty of excise and includes salt. Central excise manual central excise act 1944 chapters central excise act 1957 excise rules. In the british isles, upon the restoration of the monarchy, many of the puritan social restrictions were overturned, but excise was reintroduced, under the tenures abolition act 1660, in lieu of. 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. Excise duty payable is based on the classification of goods given in the central excise tariff act, 1985 ceta. There are over 1,000 tariff headings and 2,000 subheadings. 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.
Y the central excise tariff act, 1985 classifies all the goods under 91 chapters actually 96 chapters out of which 5 are blank 1, 6, 10, 12 and 77 and specific code is assigned to each item. 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 excisable goods of the description specified in column 3 of the table below. The central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. Elaborate procedures, rules and regulations were framed for assessment, levy and collection of duty on the new excisable commodities like matches and sugar. General exemptions central excise tariff 2014 secondschedule.
I of 1944 24thfebruary, 1944 an act to consolidate and amend the law relating to 1 duties of excise and to salt. The central excise tariff act 1985 compliance india. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. Excisable goods are defined under section 2d of the central excise act, 1944 as goods specified in the first schedule and the second schedule to the central excise tariff act, 1985 as being subjected to a duty of excise and includes salt. Duties specified in the the first schedule and the second schedule to the central excise tariff act, 1985 to be levied. Jain afterscho o ol centre for social entrepreneurship sivakamu veterinary hospital road bikaner 334001 rajasthan, india. Excise is derived from the dutch accijns, which is presumed to come from the latin accensare, meaning simply to tax excise was introduced in the mid 17th century under the puritan regime. Classification of goods and rates of excise duty india. Nov 30, 2010 excisable goods are defined under section 2d of the central excise act, 1944 as goods specified in the first schedule and the second schedule to the central excise tariff act, 1985 as being subjected to a duty of excise and includes salt. This act may be cited as the customs, excise tariff, etc. Power of central government to charge excise duty on the basis of capacity of production in respect of.
Central excise notificationtariff central excise notificationnontariff central excise circular central excise instructions. Explanation 2 appended to this subsection makes provisions for the applicability of section 11ab of the central excise act, 1944. General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957 additional duties of excise textiles and textile articles act, 1978 40. Central excise tariff act is based on the harmonized system of nomenclature hsn. Explanation to section 2d provides that goods include any article material or. General rules for interpretation of the schedule to the central excise tariff act, 1985. The central excise act, 1944 this act governs the levy of excise duty. Chapter iia indicating amount of duty in the price of goods, etc.
In order to determine the rate of excise duty on goods, classification is prerequisite. Section 1 short title extent and commencement 1 this act may be called the central excise tariff act, 1985. Search in central excise act, 1944 1 third schedule. The central excise rules, 1944 josh and mak international. This is the basic law related to the levy and collection of duties of central excise. The central excise tariff act 1985 taxindiaupdates in. Statement of objects and reasons vide gazette of india, 1943, partv, page 243. 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. Excisable goods under central excise act,1944 cakart. Goods producedmanufactured in india are liable to excise duty. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government, being satisfied that it is necessary in the public interest so to do, hereby exempts the goods specified in the first schedule to the central excise tariff act, 1985 5 of 1986 other than those mentioned in. Price of goods to indicate the amount of duty paid. During this time the central board of revenue was constituted in 1934. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to be levied.