Central Excise Duty In India

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Central Excise Duty In India
The Excise duties are levied under the Central Excise Act; 1944.This law has been enacted pursuant to entry 84 in the Union list of the seventh schedule to the Constitution of India.
Indirect taxation includes:-

  1. Central Value Added Tax (CENVAT - excise duty)
  2. Customs duties,
  3. Service tax,
  4. Central sales tax and Value-added taxes

The Charge of Excise Duty:
A tax, known as the Central Value Added Tax (CENVAT), commonly referred to as excise duty, is levied on the manufacture and production of 'excisable goods' in India. This tax is levied under the Central Excise Act, 1944 and administered by the Union Government of India.
Excise duty shall be leviable on goods on the following conditions:-

  1. It must be "goods"
  2. It must be "excisable goods"
  3. It must be either produced or manufactured in India

Procedures involved under this Act
1.Registration
2.The Central Excise returns filed by the assessee after self assessment
3.The provisional assessment of Central Excise by the authority.
4.Adjudication
5.Refund/Rebate
6.Audit

The Acts related :-

(a)     The Central Excise Act 1944
(b)     The Central Excise Tariff Act 1985
(c)     The Central Excise Rules 2002
(d)      CENVAT Credit Rules 2004
(e)      Central Excise Valuation (Determination of Price of  Excisable goods) Rules 2000

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