cases of retail sale of cement under central excise

Central Excise Short Notes [j3noqv6d134d

Central Govt. can permit reasonable abatement (deductions) from the “retail sale price. While allowing such abatement, Central Govt. shall take into account excise duty, sales tax …

Excise duty rate on cement bags( not for retail sale

We are the manufacturer of cement, Please clarify the recent changes made by budget 2012. If we sell cement to the customers on the basis of NOT FOR RETAIL SALE ( No MRP will be printed on bags), then assessable value will be transaction value or we have to pay on retail MRP value. ( as cement now bought under MRP based valuation)

M/S Sony India Ltd vs Commissioner Of Central Excise

On appeal to the Customs, Excise and gold (Control) Appellate Tribunal (hereinafter referred to as the Tribunal) against the order of the Commissioner, it was held that colour T.V. is an item in relation to the sale of which the provisions of the Standards of Weights and Measures Act and Rules made therein to declare the retail sale price on ...

Highlights - Budget 2011- Amendment in Central Excise

For the purpose of the ad valorem component, the value would no longer be the retail sale price but the transaction value determined under section 4 of the Central Excise Act, 1944. Similarly, rates of duty applicable to cement manufactured by mini-cement plants have been revised from specific rates to either ad valorem or ad valorem+ specific ...

PDF Amendment in Abatement Notification for Mrp Based Assessment

Central Excise or the Assistant Commissioner of Central Excise, as the case may be, with a copy to the jurisdictional Superintendent of Central Excise : the plan and details of the part or section of the factory premises intended to be used by him for the manufacture of notified goods of different denomination of retail sale prices

Highlights – Budget 2011- Amendment in Central Excise

2011/03/03 · For the purpose of the ad valorem component, the value would no longer be the retail sale price but the transaction value determined under section 4 of the Central Excise Act, 1944. Similarly, rates of duty applicable to cement manufactured by mini-cement plants have been revised from specific rates to either ad valorem or ad valorem+ specific rates with some reduction .

Cement manufacturers demand reduction in excise duty

In the budget proposal submitted to the Federal Board of Revenue (FBR), the APCMA stated that the cement industry is subject to five percent FED and 17 percent General Sales Tax (GST) on retail price.

Section 4A Valuation Under Excise Laws

For allowing such abatement, the Central Government may take into account the amount of duty of excise, sale tax and other taxes, if any, payable on such goods. (XXXX) Value on which duty is to be levied XXXX Retail Sale Price - Meaning and Determination a) Meaning of Retail Sale Price (Explanation 1): Retail Sale Price - i.

MRP Provisions applicability, Central Excise

Cement in packaged form has been notified under Section 4A of the Central Excise Act, 1944 with effect from 17.3.2012. The assessee affixes a label on the bags removed to its depots clearly stating, “meant for industrial/institutional consumer”.

Rapid Revision on Central Excise

Further, such prohibitions on sale of physician‟s samples under Drugs Act does not affect the marketability of such samples. Restrictions under Drugs Act cannot affect imposition of excise duty under the Central Excise Act thereby causing loss of revenue. Therefore, physician‟s samples are liable to excise duty. Nicholas Piramal India Ltd ...

M/S Sony India Ltd. Vs. Commissioner of Central Excise, Delhi

M/S Sony India Ltd. Vs. Commissioner of Central Excise, Delhi [2004] Insc 365 (5 May 2004) Cji & G.P. Mathur. Rajendra Babu, Cji. : A show cause notice was issued to the appellant by the Commissioner of Central Excise demanding duty of Rs. 2,07,64,870.16 for the period from 1.7.1998 to 31.1.1999. The appellant complied with the demand under pr

PDF Revision of Excise and Customs Duty Rates and Service Tax

In the case of cement, which attracts either the ad valorem rate of 12% or specific rates (Rs./metric tonne) depending upon the retail sale price, the specific rates have also been reduced in the same proportion as the ad valorem rate. Further, the concessional rates for cement produced by mini-cement plants have also been reduced proportionately.

New Budget 2008 Changes in Central Excise Duty

e) The Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008 are being issued under section 4A(4) of the Central Excise Act, 1944 to provide the manner for determination of retail sale price, where the same is not declared on the packages or tampered or altered or obliterated.

Statutory requirement of declaring retail sale price on the

2016/04/22 · The provisions of section 4A of Central Excise Act, 1944 would apply only if a particular product [on which declaration of the retail sale price is required as per the Legal Metrology Act, 2009] is also notified with abatement under

OFFICE OF THE COMMISSIONER OF CENTRAL EXCISE

In the case of packaged cement manufactured by units other than mini-cement plants, excise duty has been increased from 8% to 10% for cement of declared retail sale price exceeding Rs. 190 per 50 …

Notification No. 49/2008-Central Excise (NT) dated 24.12.2008

Explanation.- For the purposes of this entry, “retail sale price” means the retail price displayed by the manufacturer under the provisions of the Drugs (Prices Control) Order, 1995. 35: 31. 320420: Synthetic organic products of a kind used as fluorescent brightening agents or as a luminophores : 30: 32. 3206

Budget 2012: Cement - Cut excise incidence - Rediff.com Business

Mar 14, 2012 · Till 28-2-2007, specific rate of Excise duty was applicable on cement and thereafter upto 28.2.2011 different rates of Excise duty based on Retail Sale Price were levied for Cement.

CENTRAL EXCISE - pharmexcil.com

Central excise duty rates on cement and cement clinker are being revised as follows: ... of retail sale price not exceeding ... as the case may be, and sold under the ...

Central Excise Tariff 2016-17

2017/02/02 · Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of ...

Liability to Excise/Service Tax on sale of Scrap – A

This is based on the twin considerations that it arises out of manufacture and that there is a separate HS code under the Central Excise tariff Act. Here, one must appreciate that all scraps are not subject to Excise …

Central excise - SlideShare

2013/03/19 · Central excise 1. CENTRAL EXCISECentral Excise is a levy (tax), levied on a commodity (manufactured within the country) by the UnionGovernment by an Act of Parliament (usually in the Finance Bill, in the presentation of the Budget in theParliament, generally on the last working day of February every year) by notifying under a Tariff.It is an indirect tax paid by the manufacturer, who …

GENERAL

87.5. “Parts, components and assemblies of automobiles”, falling under any chapter, are notified for assessment of duty with reference to their retail sale price under Section 4A of the Central Excise Act, 1944, vide S. No.108 of

EXPLANATORY NOTES (CENTRAL EXCISE

The excise duty rates on such cement as well as cement cleared other than in packaged form is also being revised [S. No. 51 and 52 of notification No. 12/2012-CE dated 17.03.12 refers]. The excise duty rate on cement clinkers is also being revised. [S. No. 53 of notification No. 12/2012-CE dated 17.03.12 refers]. Chapter 26

2018 (8) TMI 458 - CESTAT AHMEDABAD - Central Excise

Requirement of Affixation of Retail Sale Price sale of Cement to individual customer whether the appellant are entitled for the concession vide notification No. 4 2006 C.E. dated 01.03.2006 (exemp

M/S Sony India Ltd. Vs. Commissioner of Central Excise

M/S Sony India Ltd. Vs. Commissioner of Central Excise, Delhi [2004] Insc 365 (5 May 2004) Cji & G.P. Mathur. Rajendra Babu, Cji. : A show cause notice was issued to the appellant by the Commissioner of Central Excise demanding duty of Rs. 2,07,64,870.16 for the period from 1.7.1998 to 31.1.1999.

Commissioner Central Excise And Customs v. Dujodwala Resins

Jul 10, 2019 · 61. The Central Excise Tariff Act, 1985 is an Act to provide for tariff for Central duties of Excise. Section 2 thereof stipulates that the rates at which duties of excise shall be levied, under the Central Excise Act, are specified in the First and the Second Schedule.

Taxability of ‘Ready Mix Concrete’ & ‘Concrete Mix’ under

Sep 18, 2012 · The term “process amounting to manufacture or production of goods” under section 65B(40) means “a process on which duties of excise are leviable under section 3 of the Central Excise Act, 1944 or any process amounting to manufacture of alcoholic liquors for human consumption, opium, Indian hemp and other narcotic drugs and narcotics on ...

Exemption and effective rates of duty for specified goods - B

Condition No. Conditions: 1. (i) If the cement manufacturer makes a declaration to the Deputy Commissioner of Central Excise or the Assistant Commissioner of Central Excise, as the case may be, having jurisdiction regarding the installed capacity of the factory before availing of exemption under this notification or wherever there is a change in the said capacity, and furnishes such ...

Ultratech Cement Ltd vs Commissioner Of Central Excise

2.?The assessee is engaged in the manufacture and sale of packaged cement in unit packages (packed in HDEP/PP Bags) of 50 Kg and cement clinker falling under the schedule to Central Excise Tariff (Amendment) Act, 2005. The assessee has been clearing the cement by paying the duty at the normal tariff rate at Rs. 600.00 per metric tonne.

CESTAT RULING - Tax India Online

Central Excise – Cement cleared in bulk to State Housing Corporation whether assessable based on retail sale price – Issue no longer res integra as it was decided in assessees favour by Tribunal in a case where appellant was one of the respondents = 2010-TIOL-1119-CESTAT-BANG – Departmental Representative has not indicated if

ieport.com- Changes in Excise Duties in Budget 2010

In the case of packaged cement manufactured by units other than mini-cement plants, excise duty has been increased from 8% to 10% for cement of declared retail sale price exceeding Rs. 190 per 50 …

Central excise act - SlideShare

2012/10/31 · 1.Central Excise Act 1994 2.Central Excise tariff Act 1985 3.Central Excise Rules ,1944 3. This is the basic law related to the levy and collection of duties of central excise …

Budget 2010-11: Major Amendment in Central Excise Duty

2010/02/26 · Cement Present rate Proposed rate 1. Cleared in packaged form,-i) of retail sale price not exceeding Rs. 190 per 50 kg bag or of per tonne equivalent retail sale price not exceeding Rs. 3800; Rs. 230 per tonne Rs.290

Central Excise Act - Valuation under Section 4a

Jul 29, 2007 · Value based on Retail Sale Price - Section 4A of CEA (inserted w.e.f. 14.5.1997) empowers Central Government to specify goods on which duty will be payable based on 'retail sale price'. The provisions are as follows: a. The goods should be covered under provisions of Standards of Weights and Measures Act. b.

Valuation of Excisable Goods for the Purpose of Charging

# Valuation based on Retail Sale Price (RSP) under section 4A of the Central Excise Act, 1944, which is applicable to excisable goods that are notified by the Central Govt. However, this does not apply tariff values fixed under section 3(2) of the Central Excise Act, 1944 # Value under Section 4 of the Central Excise Act, 1944.

mini cement plant central excise issues

mini cement plant central excise issues The Petitioner is a Mini Cement Plant The officers of the first respondent conducted simultaneous search operation on 05122006 at the factory premises of the Petitioner Office premises of the ...

CA Final: Central Excise Laws Cases Compilation 2009

2009/12/23 · CENTRAL EXCISE LAWS Dear Students and Members, Please find below some latest case laws of 2009 compiled specially for CA Students. This article covers 2009 series decided cases on Central Excise Law. For

Acc Ltd vs Commissioner Of Central Excise on 21 August, 2017

The cement was cleared in bags of 50 Kgs each as well as in loose form.They were selling cement to retail customers as well as industrial/institutional consumers (Not for Retail sale bags viz. NFR Bags). They paid excise

LATEST INCOME TAX, CENTRAL EXCISE COURT CASES (By.JAV

The assessment was completed under section 143(3) at a total income of Rs. 11,64,04,200/-. The assessee had debited an amount of Rs. 2,66,33,000/- on account of warranty expenses in the Profit and Loss account. The assessee stated that the warranty costs were determined on the basis of the past experience and are provided for in the year of sale.

Central Excises and Salt Act, 1944 (commentary) – Josh and

S. 4 (1)–Whether transportation and octroi charges were leviable on cement in computing whole sale cash price under section 4 (1) for assessment of Excise duty and Sales Tax–Question of–Amendment made in Section 4 (1) dearly signify an intention on part of legislature to include element of post-manufacture charges for purpose of ...

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