Nnthe central excise act 1944 pdf merger

Central excise act 1944 complete act citation 3225 bare. An act to consolidate and amend the law relating to central duties of excise. Download free sample and get upto 30% off on mrp rental. The provisions of the central excise act, 1944 and rules made there under. Excise duty is a levy on production or manufacture and is payable whether or not the goods are sold. The central excise act, 1944 this act governs the levy of excise duty. Referencer customs central excise service tax central excise. Today, im going to discuss such two sections of central excise act, 1944. Statement of objects and reasons vide gazette of india, 1943, partv, page 243. 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.

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. Further, this section has also been made applicable for service tax law by virtue of section 83 of finance act 1994. They both talk about valuation of goods, with detailed explanation. Download free sample and get upto 30% off on mrprental. The central excise act, 1944 customs act, 1962 central sales tax act, 1956 entry tax act companies act, 20. The excise duty collections in 200607 was rs 1,17, 266 crore. Transaction value is the most commonly adopted method. Act1985 which was reorganized in the year 1985 to align with the customs. In case of demand by reason of suppresion of facts, misdeclaration, collusion or wilful statement, the demand can be raised within five years from relevant date. Central excise act, 1944 was enacted on 24th february, 1944 by.

Jul 10, 2015 considering the fact that amendment in law has to be prospective unless made retrospective in express terms the disputelis which was created before 01. Government of india 1944, the central excise act, 1944, government of india. Accordingly, under the central excise act, 1944 the following values are relevant for assessment of duty. Goods whereof any article liable to duty under this act forms a part or ingredient shall be chargeable with the full duty which would be payable on such goods if they were entirely composed of such article, or, if composed of more than. The salt amendment act transferred the madras salt department to the administrative control of government of india in 1926. The central government may, by notification in the official gazette, specify any goods, in relation to which it is required, under the provisions of the standards of weights and measures act, 1976 60 of 1976 or the rules made thereunder or under any other law for the time being in force, to declare on the package thereof the retail sale price of such goods, to which the provisions of sub. 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. This is the basic law related to the levy and collection of duties of central excise. 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. It is hereby enacted as follows chapter i preliminary. In respect of duty and any other sums of any kind payable to the central government under any of the provisions of this act or of the rules made thereunder, 1including the amount required to be paid to the credit of the central government under section 11d the officer empowered by the 2 central board of excise and customs constituted under the central boards of revenue act, 1963 54 of 1963 to levy such duty or require the payment of such sums may. Restrictions under drugs act cannot affect imposition of excise duty under the central excise act thereby causing loss.

Central duties of excise on goods manufactured or produced in certain parts of india. Considering the fact that amendment in law has to be prospective unless made retrospective in express terms the disputelis which was created before 01. Departmental circular nor a manual of instructions issued by the central board of. I of 1944 24thfebruary, 1944 an act to consolidate and amend the law relating to 1 duties of excise and to salt. In the central excise act, for section 3, the following section shall be.

This was a major milestone in the centralisation of modern day central excise department. Excise duty is imposed on the consumption of selected goods, such as. Nepals excise systems and the legal frameworks world customs. The central excise rules, 1944 josh and mak international. Indian central excise rules, 1944, notification no. In this chapter, unless the context otherwise requires. Duties specified in first schedule and the second schedule to the central excise tariff act, 1985 to be levied. Section 11a of the central excise act, 1944 time limit for issue of notice.

A new section 15a has been inserted in the central excise act, 1944 w. This act had replaced not less than 10 separate excise acts and 11 sets of statutory rules besides 5. 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. As per section 2f of central excise act, 1944 cea, manufacture includes any process.

Whereas it is expedient to consolidate and amend the law relating to 1 duties of excise on goods manufactured or produced, and services. 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. 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. Earlier the valuation under section 4 was based on the principle of normal price which was based on the prices at which manufacturers sold the goods. Central excise act 1944 section 35ff citation 37183 bare. However in more recent times, the central excise act, 1944 which prior to 1996, was known as the central excises and salt act 1944 is the main law relating to duties of excise on goods manufactured or produced in india and on salt. World health organization who 2011, who technical manual on tobacco tax. These are section 4, which determines goods value for the purpose of charging of excise duty. In this chapter, unless the context otherwise requires, a activity means production or manufacture of goods. Download the central excise act, 1944 by pdf online.

Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. Cgst act igst act utgst act gst compensation to the states act addendum to the gst rate schedule 03. Eximkey india dgft, customs, excise, export import policy. Consequent upon the amendment to the section 11a w. Amend the law relating to central duties of excise. Central excise tariff act, 1985 and used in the factory of manufacture of the. Rapid revision on central excise my thoughts on indirect. Buy the central excise act, 1944 by pdf online from company secretary. However this act does not contain the rate at which duties are imposed 4.

Dec 15, 2011 today, im going to discuss such two sections of central excise act, 1944. Explanation 2 appended to this subsection makes provisions for the applicability of section 11ab of the central excise act, 1944. 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. 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. Indian central excise manual, partiii, value under the. Search in central excise act, 1944 1 third schedule. Compensation and transparency in land acquisition, rehabilitation and. Clause 7 of the bill seeks to amend section 3a of the central excise act, 1944, which provides for levy of central excise duty on the basis of capacity of production in respect of notified goods, so as to replace the reference to the first schedule and the second schedule to the central excise tariff act, 1985, with reference to the proposed. Section 35f of central excise act, 1944 caclubindia. Ii a indicating amount of duty in the price of goods, etc.