Category Archives: Excise

Anti dumping duty on Dichloromethane (Methylene Chloride)

By | June 1, 2016

Seeks to impose anti-dumping duty on ‘Dichloromethane (Methylene Chloride)’ of all types [tariff item 2903 12 00], originating in or exported from People’s Republic of China or Russia, for a period of five years (unless revoked, superseded or amended earlier), from the date of imposition of the provisional anti-dumping duty i.e. from the 08th of… Read More »

Anti-dumping duty on Methyl Acetoacetate

By | June 1, 2016

Seeks to impose definitive anti-dumping duty on ” Methyl Acetoacetate “, originating in or exported from USA or China PR, for a period of five years (unless revoked, superseded or amended earlier). 22/2016-Cus (ADD), dt. 31-05-2016 Related Post Anti dumping duty on narrow woven fabric Extended for one year Anti dumping duty on imports of… Read More »

Indirect Tax Dispute Resolution Scheme 2016 Key Features

By | June 1, 2016

The Indirect Tax Dispute Resolution Scheme 2016 (The Indirect Tax Dispute Resolution Scheme 2016 covered in  CHAPTER XI of Finance Act 2016 ) Key Features of Indirect Tax Dispute Resolution Scheme 2016 The Indirect Tax Dispute Resolution Scheme 2016 covered in  CHAPTER XI of Finance Act 2016 The Indirect Tax Dispute Resolution Scheme 2016 shall come into… Read More »

Indirect Tax Dispute Resolution Scheme Rules 2016 Notified

By | May 31, 2016

[To be published in the Gazette of India Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Finance Department of Revenue New Delhi the 31st May, 2016 Notification No 29/2016-CE(NT) G.S.R. (E). – In exercise of the power conferred by sub-sections (1) and (2) of section 218 of the Finance Act, 2016,… Read More »

Krishi Kalyan Cess credit only for payment of Krishi Kalyan Cess

By | May 27, 2016

NOTIFICATION NO.28/2016-C.E. (N.T.), DATED 26-5-2016 In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2004, namely : – 1. (1)… Read More »

Krishi Kalyan Cess rebate in case of export of services

By | May 27, 2016

NOTIFICATION NO.29/2016-ST, DATED 26-5-2016 In exercise of the powers conferred by rule 6A of the Service Tax Rules, 1994, the Central Government, hereby makes following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue),No. 39/2012- Service Tax, dated the 20th June, 2012, published in the Gazette of… Read More »

Time to claim Rebate of Duty on Export starts from date when docs confirming export submitted by department

By | May 24, 2016

Held Where the lapse as to non-availability of requisite document is on account of Central Excise Department or Customs Department, this would be mitigating circumstance flowing from the aforesaid legislative scheme. Limitation is to be considered in the light of availability of requisite documents and should be taken to begin when documents necessary for substantiating… Read More »

Excise on Jewellery in India (Finance Act 2016)

By | May 22, 2016

Excise on Jewellery LETTER D.O.F. NO.334/8/2016-TRU, DATED 29-2-2016 Explaining Excise on Jewellery  3.2.1 Excise duty of 1% (without CENVAT credit) or 12.5% (with CENVAT credit) is being levied on articles ofjewellery [excluding silver jewellery, other than studded with diamonds/other precious stones] with a higher threshold exemption upto Rs. 6 crore in a year and eligibility… Read More »

Central Excise Registration Procedure

By | May 22, 2016

Central Excise Registration Procedure NOTIFICATION NO. 35/2001-CE(NT), DATED 26-6-2001 AS AMENDED BY NOTIFICATION NO. 7/2015 CE(NT), DATED 1-3-2015, W.E.F. 1-3-2015 AND NOTIFICATION NO. 6/2016-C.E.(N.T.), DATED 1-3-2016 Registration 1. Conditions, safeguards and procedures for registration and exemption in specified cases – In exercise of powers conferred by Rule 9 of the Central Excise (No. 2) Rules,… Read More »