Central Excise duty. Tariff changes to come into immediate effect; Concessional rate of excise duty of 4% increased to 5% . Excise duty of 1% without cenvat facility imposed on 130 specified items which were till now exempt or charged to nil duty. Rate of duty on cement and cement clinker rationalized for mini cement plant …
WhatsApp: +86 18221755073different rates of excise duty has been prescribed for units manufacturing cement on the basis of the type of manufacturing plant, and on the basis of form, in which the clearances are affected by the unit concerned. The appellant s factory does not qualify as mini cement plant as defined in the not
WhatsApp: +86 18221755073Effective Rate of Duty on Cement Manufactured by Mini Cement Plants - 24/91 - Central Excise - Tariff. In exercise of the powers conferred by sub-section (1) of section 5A of …
WhatsApp: +86 18221755073Corresponding changes have been made to increase the rates of duty applicable to cement manufactured by mini-cement plants too. The details are available in notification 0/2010-Central Excise dated 27.2.2010. 3.3 Excise duty on cement clinker has been increased from Rs.300 per metric tonne to Rs.375 per metric tonne.
WhatsApp: +86 18221755073Dear Friends, I have a small query in relation to excise duty on power generation. A company has a cement manufacturing plant. It has also established a 25MW power generation plant for captive consumption of …
WhatsApp: +86 18221755073The standard rate of Central Excise duty for non-POL products has been maintained at 10%. The merit rate of excise duty (CENVAT) for non-petroleum goods has bee. Income Tax . Articles; News; Judiciary; ITR; Notifications; Circulars; Instructions; Orders; Press Release; Budget. Budget 2024; Budget 2023; Budget 2022; Service Tax. …
WhatsApp: +86 18221755073Corresponding changes have been made to increase the rates of duty applicable to cement manufactured by mini-cement plants too. 3. Excise duty on cement clinker has been increased from Rs.300 per metric tonne to Rs.375 per metric tonne. 4. Central Excise duty on Large cars, Multi Utility Vehicles and Sports Utility Vehicles etc. …
WhatsApp: +86 18221755073This leaflet explains what Local Excise Duty is, which products and services attract the duty, registration and licensing procedures and the obligations of service providers and manufacturers of excisable goods. The administration of Excise Duty for both import and local is anchored on the Customs & Excise Act, Chapter 322 of the Laws of Zambia. 1.
WhatsApp: +86 18221755073Cement Plant in West Bengal – Hotfrog INDIA … excise duty mini cement plant; cement plant feasibility study; cement plant news; Random Articles. hydrocyclone pdf; mini cement plants in west bengal
WhatsApp: +86 18221755073Concessional rate of duty - cement - capacity based production - Board circular dt. 28.2.2002 - It appeared to the department that assessee was not eligible for benefit of exemption notification as their installed capacity was not reduced - Department also held a view that assessee could not avail benefit under Notification 4/2006 for cement …
WhatsApp: +86 18221755073The liability for payment of excise duty is governed by the provisions of the Central Excise and Salt Act and the rules framed thereunder. Cement is an excisable …
WhatsApp: +86 18221755073Consequent to the increase in the standard rate, rates of excise duty on certain products like Cement, Large Cars etc. are also being suitably enhanced. Chapter wise changes …
WhatsApp: +86 18221755073please provide me current RSP slab for charging excise duty in cement manufacturing industry. ... Calculation of Income from Salary and Filing their Income Tax Return . Faiz Aamir INR 199. GST Litigation Course Recording. CA Abhishek Raja Ram INR 999. Excel Mastery Program. CA Rishabh Pugalia INR 1999.
WhatsApp: +86 1822175507325.1 The graded excise duty structure based on RSP slabs applicable to cement manufactured and cleared in packaged form is being removed for both mini-cement plants and non-mini cement plants. 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
WhatsApp: +86 18221755073Presently, packaged cement of MRP of Rs 3800 to 5000 per tonne, produced by mini plant beyond 99000 tonne or produced by plants other than mini plants attracts excise duty @ …
WhatsApp: +86 18221755073No change 12.00% 12.50% 1-Mar-15 12/2015 dt.01.03.15 Excise Duty increased by 0.50% 2403 11 10 Tobacco, used for smoking through 'hookah' or 'chillam', commonly known as 'hookah' tobacco or ... manufactured in a mini cement plant, other than those cleared in packaged form: Provided that where the retail sale price of the …
WhatsApp: +86 18221755073Cement manufactured by mini cement plants Amendment to Notification No. 24 91 C.E. 01 94 Central Excise Tariff Notifications
WhatsApp: +86 182217550737.3 Notice on suspension of operations/closure of plant 14 7.4 Notice for approval of alterations to the plant 14 ... Cement and Cement Clinkers – all types (c) Cigarette, Cigar, Cigarillo, Cheroots, tobacco and other homogenized/ ... excise duty on goods and services liable to excise duty is imposed at the time of: • Import
WhatsApp: +86 18221755073Multiplicity of the tax rate is difficult to administer and leads to duty evasion. MRP based duty and Abatement on valuation: Presently, packaged cement of MRP of Rs 3800 to 5000 per tonne, produced by mini plant beyond 99000 tonne or produced by plants other than mini plants attracts excise duty @ 12% ad valorem on MRP without any abatement.
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WhatsApp: +86 1822175507326 March 2013 Is there any special calculation for calculating Excise Duty on cement production. My client purchased cement for own consumption but not for resale. I just want to know about calculating excise duty in this regard.
WhatsApp: +86 18221755073As against flat rate of Excise Duty of 12.36% faced by most Industries – including Steel, Excise Duty Structure for Cement Industry is a complex one, being combination of Ad-valorem and Specific Duties and varies as per few other parameters – as given below (for Cement manufactured by other than Mini Cement plants):
WhatsApp: +86 18221755073Cement manufactured by units other than mini-cement plants and cleared in a packaged form was chargeable to Central Excise duty either at specific rates or ad valorem rates …
WhatsApp: +86 18221755073Admittedly, the appellant's cement plant is not a 'mini cement plant' defined under the Explanation to Sl. No. 1C of the Notification and consequently the subject goods were …
WhatsApp: +86 18221755073[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…
WhatsApp: +86 18221755073In 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 kg bag or Rs. 3800 per tonne. On packaged cement of declared retail sale price not exceeding Rs. 190 per 50 kg bag or Rs. 3800 per tonne …
WhatsApp: +86 18221755073In a move set to impact the construction industry, the incumbent government announced a significant increase in the Federal Excise Duty (FED) on cement. As reve... ISB:+923116803735 BWP:+923006803735 info@javidlawassociates
WhatsApp: +86 18221755073This is an appeal against the order of Collector of Central Excise, Indore dated 9-7-1991. 2. Ld. Counsel stated that the appellants are engaged in the manufacture of cement falling under Chapter Heading 2502.90. ... The effective rate of duty on cement produced by mini cement plant by virtue of Notification 23/89 (as amended) is [Rs.] 115 ...
WhatsApp: +86 18221755073The effective rates of excise duty for the cement other than cleared in packaged form, falling under Chapter Heading 2523 29 has been fixed at Rs.400 per MT. ... 253329 All goods, manufactured in Rs.220 /PMT a mini cement plant cleared in packaged form- (i) Of retail sale price not exceeding Rs.190 per 50 kg bag equivalent retail sale price not ...
WhatsApp: +86 18221755073To levy excise duty: Excise duty as set forth in Schedule shall be levied if an enterprise by producing goods removes, imports goods and sells services. 3A. Assessment and recovery of excise duty: (1) The liability to asses and recover excise duty levied pursuant to this Act shall be upon the producer producing excisable goods and services.
WhatsApp: +86 1822175507311.2 Excise duty on potato starch is being reduced from 8% to 4 %.( S.No. 3 of Notification 3/2006-CE as amended by the notification 9/2010-CE dated 27.02.2010 refers) Chapters 12 to 20 No change. Chapter 21 21.1 Excise duty on Betel nut product known as „Supari‟ is being fully exempted from excise duty.
WhatsApp: +86 1822175507325.1 Specific rates of excise duty on cement falling under sub-heading 2523 29 have been revised as under: S.No. From To 1 o Cement manufactured by mini-cement plant cleared in packaged form (a) of retail sale price not exceeding Rs.190 per 50 Kg bag or per metric tonne retail sale price equivalent not exceeding ...
WhatsApp: +86 18221755073Admittedly, assessee had raised two bills one for supply of material and the other for job work – mixing the cement, aggregate water, etc. in its batching plant. ... show cause notice dated 07.06.2018 was issued demanding Excise duty of Rs.2,84,00,242/- including cess for the period 2013-14 (w.e.f. 01.05.2013) to 2015-16 (upto February, …
WhatsApp: +86 18221755073Post Budget, Excise Duty on Cement produced by Cement Manufacturing Units (other than Mini Cement Plants) attract Excise Duty as under (and there is limited play of MRP to decide whether fixed duty would be Rs. 80/- PMT or Rs. 160/- PMT) : 1. If MRP is upto Rs. 190/- Per Bag of 50 Kgs., the duty would be : Rs. 80 Fixed Plus 10% of …
WhatsApp: +86 18221755073A mini cement plant in India is one having a total installed capacity of not exceeding 900tpd although most are below 500tpd. They are given concession in excise duty due to their economic benefits for the rural areas. Of the 30 mini-cement plants located in Andhra Pradesh, only 11 operated during the year ended March 31, 2004.
WhatsApp: +86 1822175507325.1 The graded excise duty structure based on RSP slabs applicable to cement manufactured and cleared in packaged form is being removed for both mini-cement plants and non-mini cement plants.
WhatsApp: +86 18221755073It is also laid down that Terminal Excise Duty refund may be allowed after supplies have been effected physically and payment received at least up to …
WhatsApp: +86 18221755073Nuvoco Vistas Corporation Limited Vs Commissioner of Central Excise and CGST (CESTAT Delhi) In a significant decision, CESTAT Delhi addressed the eligibility of cenvat credit on welding electrodes used by cement manufacturer Nuvoco Vistas Corporation Limited. The case centered on whether these electrodes, integral to plant …
WhatsApp: +86 18221755073Cement manufactured by units other than mini-cement plants and cleared in a packaged form was chargeable to Central Excise duty either at specific rates or ad valorem rates depending on the retail sale price per 50 kg ... 3.3 Excise duty on cement clinker has been revised from Rs.375 per metric tonne to "10%+ Rs.200 per metric …
WhatsApp: +86 18221755073Cement manufactured by units other than mini-cement plants and cleared in a packaged form was chargeable to Central Excise duty either at specific rates or ad …
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