What is central excise rules?

Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001. Central Excise (Settlement of Cases) Rules, 2007. Central Excise Rules, 2002. Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000. Cenvat Credit Rules, 2004.

What are the rules for valuation of goods under Central Excise Act?

The value of the excisable goods shall be based on the value of such goods sold by the assessee for delivery at any other time nearest to the time of the removal of goods under assessment, subject, if necessary, to such adjustment on account of the difference in the dates of delivery of such goods and of the excisable …

Is Central Excise Act 1944 repealed?

CENTRAL EXCISE ACT, 1944 (REPEALED)

What are the Offences under the Central Excise Act?

[(1A) When any duty of excise has not been levied or paid or has been short-levied or short paid or erroneously refunded, by reason of fraud, collusion or any wilful misstatement or suppression of facts, or contravention of any of the provisions of this Act or the rules made thereunder with intent to evade payment of …

What are the types of valuation of good under Central Excise Act 1944?

Value under the Central Excise Act, 1944 Transaction value is the most commonly adopted method. (i) Transaction value under Section 4. (ii) Value determined on basis of maximum Retail Sale Price as per Section 4A, if applicable to a given commodity. (iii) Tariff value under Section 3, if applicable.

What is Central Excise and Salt Act 1944?

The Central Excises And Salt Act, 1944. ACT No. 1 OF 1944 [ 24th February, 1944.] An Act to consolidate and amend the law relating to Central duties of excise and to salt.

When was Central Excise repealed?

1944
Central Excise Act, 1944 [Repealed]

When did the Central Excise rules come out?

THE CENTRAL EXCISE RULES, 1944. Notification No. IV-D-Central Excises, dated the 28th February, 1944

What was rule 57G of the CER 1944?

Rule 57G of CER’ 1944 specifically provided that “no credit under sub-rule (3) shall be taken by the manufacturer unless the inputs are received in the factory under the cover of specified documents.”

What was the Central Excise Act of 1944?

[24th February, 1944] An Act to consolidate and amend the law relating to Central duties of excise. [* * *] 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 ] [* * *]; It is hereby enacted as follows:-

When was Central Excise Duty first levied in India?

-Gazette of India, 1944, Part V, p. 13. Act 6 of 1989. – Central Excise duty was levied for the first time on cotton fabrics in 1949, on man-made fabrics (rayon or artificial silk fabrics) in 1954 and on woollen fabrics in 1955.