Special excise duty is levied at the rates specified in the second schedule to central excise tariff act, 1985. The commissioner of central excise vide order dated 31. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government, on being satisfied that it is necessary in the public interest so to do, hereby exempts the excisable goods of the description specified in column 3 of the table below. Duties specified in3 the first schedule and the second schedule. The rules for the interpretation of the first schedule to the central excise tariff act, 1985 5 of 1986, the section and chapter notes and the general. As per the indian income tax act 1961, central excise duty is an indirect way of taxation that is used to impose on the goods manufactured in india and meant for home consumption.
The central excise tariff act 1985 taxindiaupdates in. Central excise duty changes for tobacco as per budget 201718. First schedule to the central excise tariff act, 1985 5 of 1986, specified in corresponding entry in column 2 of the said table, from so much of the duty of excise leviable thereon under the said central excise act. Seeks to prescribe effective rates for specified goods fallingunder the central. Schedule to the central excise tariff act, 1985 taxation. In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff act, 1985 5 of 1986 the rules for the interpretation of the first schedule to the central excise tariff act, 1985 5 of 1986, the section.
The rates at which duties of excise shall be levied under the central excise act, 1944 1 of 1944 are specified in the first schedule and the second schedule. Duties specified in the a the first schedule and the second schedule a to the central excise tariff act,1985 to be levied 17. Except where the context otherwise requires, throughout this schedule, any. This erstwhile collectorate was having wide jurisdiction of entire erstwhile state of uttar pradesh. Exempts excisable goods of the first schedule to the central excise tariff act, 1985 5 of 1986 not02. Introduction interpretative rules for classification powers of the c. Exempts excisable goods of first schedule to central. Central excise tariff no change 4819 10 cartons, boxes and cases, of corrugated paper or paperboard. First schedule and the second schedule in respect of goods at which duties of excise shall be leviable on the goods under the central excise act, 1944. Amendments in the first schedule to the central excise tariff act, 1985 to be published in the gazette of india, extraordinary, part ii, section 3, subsection i government of india. Goods falling under first schedule of the customs tariff act, 1975 continues to be. The rules for the interpretation of the first schedule, the section and chapter notes and the general explanatory notes of the first schedule shall apply to the interpretation of this schedule.
The central excise tariff amendment act, 2004 inserts certain new provisions i. It also entirely substitutes the first schedule and the second schedule to the central excise tariff act, 1985. Section 2 duties specified in the first schedule and the second schedule to be levied. Schedule and the second schedule to the central excise tariff act, 1985. Seeks to exempt duties of excise on goods falling within fourth schedule to central excise act, 1944, in excess of amount calculated at the rate of 50%. Power of central government to charge excise duty on the basis of capacity of production in respect of notified goods. Consequential amendments of, and construction of references to the first schedule to act 1 of 1944. Government of india ministry of finance department of revenue notification no. Eximkey india dgft, customs, excise, export import policy. Additional duties of excise textiles and textile articles act, 1978. Explanationgoods includes any article, material or substance which is capab. Third schedule to central excise act 1944 see section 2 fiii notes. The central excise tariff act 1985 compliance india.
Customs duty calculator new compliance information portal cip authorized banks for epayment through icegate. The rates at which duties of excise shall be levied under the central excise and salt act, 1944 1 of 1944 are specified in the first schedule and the second schedule. Emergency power of central government to increase duty of excise. The rules for the interpretation of the first schedule to the central excise tariff. Duties specified in the first schedule and the second schedule to be levied. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. The said schedule is divided into 20 sections and 96 chapters. In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff act, 1985 5 of 1986. Rates of duty of excise is different on different goodsthese rates are mentioned in ceta central excise tariff actceta is divided into 2 schedulesfirst schedule of cetasecond schedule of cetafirst schedule of cetait is divided into different sections for different types of goodseach. In this schedule, heading, subheading, tariff item and chapter mean respec tively a heading, subheading, tariff item and chapter in the first schedule. General rules for interpretation of the schedule to the central excise tariff act, 1985.
Duties specified in the schedule to the central excise tariff act, 1985 to be. This duty is imposed under section 31 a of the central excise act, 1944 and levied on all excisable goods in the country except salt. The notes at the end of this compilation the endnotes include information about amending laws. Inauguration of customs canine centre at attari, amritsar by dr. Ministry of finance department of revenue notification no.
Jul 05, 2019 basic excise duty sometimes referred to as central value added tax cenvat, this type of excise duty is imposed on goods classified under the first schedule of the central excise tariff act, 1985. The first schedule and the second schedule central excise act. Amendments in the first schedule to the central excise. When by application of clause b of rule 2 or for any other reason, goods are.
What are excisable goodssection 2 d of central excise act definesexcisable goods asgoods specified in the first and second schedule to central excise tariff act,1985as being subject to a duty of exciseand includes salt. The notes at the end of this compilation the endnotes include information about amending laws and the amendment history of provisions of the compiled law. Inserted vide the central excise tariff amendment act, 2004. If manufactured from goods falling within heading 8202 to 8205 of the first schedule to the central excise tariff act, 1985, on which duty of excise specified in the first schedule or the additional duty leviable under the customs tariff act, 1975, as the case may be, has already been paid. May 29, 2018 what are excisable goodssection 2 d of central excise act definesexcisable goods asgoods specified in the first and second schedule to central excise tariff act,1985as being subject to a duty of exciseand includes salt. Intellectual property rightsipr faq on warehousing. Be it enacted by parliament in the thirtysixth year of the republic of india as follows. Oct 02, 2015 section 2 f of central excise reads as follows.
Excise duty is a type of tax charged on goods produced within the country. Duties specified in the a the first schedule and the. Duties specified in the the first schedule and the second schedule to the central excise tariff act, 1985 to be levied. Till the finance bill, 2012 is enacted, the general excise duty rate of 12% and 6% for some items is being notified clause 141 read with the seventh schedule and notification no. This erstwhile collectorate was having wide jurisdiction of. In this schedule, tariff item 2106 90 19 does not include the products other than preparations for lemonades or other beverages intended for use in. Section 1 short title extent and commencement 1 this act may be called the central excise tariff act, 1985. Cbec exempt excise duty on goods in fourth schedule to. Home page of central board of indirect taxes and customs. Excise or assistant commissioner of central excise, as the case may be, which.
The first schedule to the central excise tariff act, 1985 is accordingly being amended. In order to levy central excise duty, it is necessary that a new article should come into existence as a result of manufacturing activity. Section 3 in the central excise act, 1944 indian kanoon. First schedule to the central excise tariff act, 1985 5 of 1986, specified in. Step 2 such excisable goods should be specified in the schedule to central excise tariff act, 1985 ceta. An act to provide for tariff for central duties of excise.
Additional duties of excise goods of special importance act, 1957 58 of 1957 4. References in heading 2710 to petroleum oils and oils obtained from bituminous. Such excisable goods should be specified in the schedule to central excise tariff act, 1985 ceta the term goods in turn would indicate that they are movable as well as marketable. Indian central excise manual, partii, classification. The central excise tariff act, 1985 5 of 1986 general rules for interpretation of the schedule to the central excise tariff act, 1985. Central excise tariff act, specified in the corresponding entry in column 2 of. Exempts excisable goods of the first schedule to the central excise tariff act, 1985 5 of 1986 not03. The most important term manufacture is defined inclusively under section 2 f of the central excise act, 1944 cea as under. Exempts excisable goods of the first schedule to the central excise tariff act, 1985 5 of 1986 not04. There is no change in the basic excise duty leviable under the first schedule to the central excise tariff act, 1985 and the nccd leviable under seventh schedule to the finance act, 2001.
General explanatory notes and additional notes additional duties of excise goods of special importance act, 1957 58 of 1957. Overview of ceta central excise tariff act classification. Jan 28, 2019 there is no change in the basic excise duty leviable under the first schedule to the central excise tariff act, 1985 and the nccd leviable under seventh schedule to the finance act, 2001. It is accordingly proposed to consolidate in a single enactment all the laws relating to central duties of excise and to the tax on salt and to embody therein a schedule, similar to that in the indian tariff act, 1934, setting forth the rates of duty leviable on each class of goods. This is a compilation of the excise tariff act 1921 that shows the text of the law as amended and in force on 31 august 2017 the compilation date. Emergency power of the central government to increase duty of excise. India, at the rates set forth in the schedule to the central excise tariff act, 1985. May 20, 2010 amendments in the first schedule to the central excise tariff act, 1985 to be published in the gazette of india, extraordinary, part ii, section 3, subsection i government of india. Excise duty types of excise duty there are three different types. Section 2 in the central excise act, 1944 indian kanoon. Provided that the duties of excise which shall be levied and collected on any excisable goods. Basic excise duty sometimes referred to as central value added tax cenvat, this type of excise duty is imposed on goods classified under the first schedule of the central excise tariff act, 1985. Import export data, export import shipment data from customs.
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