Cases Of Retail Sale Of Cement Under Central Excise

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cases of retail sale of cement under central excise « BINQ,

CENTRAL EXCISE. Facts of the case: The assessee was the manufacturer of the white cement. He repaired his lead to non-levy of excise duty under the Central Excise Act thereby causing revenue loss... for retail sale or for use in hospitals. Further, the Tariff »More detailedImportant changes/amendment in respect of 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 rates with some reduction.M/S Sony India Ltd vs Commissioner Of Central Excise,,Cement Marketing Co. Of India Ltd vs Asstt. Commissioner Of,on 30 October,,in a case where the retail sale price either did not include the elements required to be included by the explanation or where the retail sale price was not the sole consideration for the sale,,Under Section 11-AC of the Central Excise

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”.2020 (12) TMI 504 - CESTAT NEW DELHI - Central Excise,Interpretation of statute rule 3 of Central Excise Rules Provisions Applicable to Packages Intended for Retail Sale Method of Valuation wall putty in packages of 40kg to be valued under sect. HOME;,Case Laws Acts Notifications Circulars Classification Forms Articles News. Highlights. D. Forum. What's New.Central Excise Online,2. “retail sale price” means the maximum price at which the excisable goods in packaged form may be sold to the ultimate consumer and includes all taxes, local or otherwise, freight, transport charges, commission payable to dealers, and all charges towards advertisement, delivery, packing, forwarding and the like, as the case may be, and the price so printed is the sole consideration for,

VALUATION UNDER CENTRAL EXCISE - Excise - TaxDose

In case any of the above conditions is not satisfied ,then value will be determined in accordance with the Central Excise Valuation ( Determination of Price of Excisable Goods ) Rules,2000 (c ) Duty based on MRP: Statutory requirements of declaring retail sale price on the package of notified excisable goods is a pre-requisite for applying section 4A.Liability to Excise/Service Tax on sale of Scrap – A,,Provided that the said exemption shall apply only in cases where such goods are produced using raw materials or semi-finished goods supplied by the client and goods so produced are returned back to the said client for use in or in relation to manufacture of any other goods falling under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), as amended by the Central Excise,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.

Commissioner of Central Excise Service Tax Vs. Ultra Tech,

In such cases, the credit of the service tax paid on the transportation up to such place 11 of sale would be admissible if it can be established by the claimant of such credit that the sale and the transfer of property in goods (in terms of the definition as under section 2 of the Central Excise Act, 1944 as also in terms of the provisions under the Sale of Goods Act, 1930) occurred at the,CENTRAL EXCISE,Central excise duty rates on cement and cement clinker are being revised as follows:,All goods 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,as the case may be, and sold under the name as specified in such books or pharmacopoeia (ii),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 rates with some reduction .

Acc Ltd vs Commissioner Of Central Excise on 21 August,

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 duty @ Rs.600/- per tonne or 12% ad valorem on clearances made to retail customers depending on the quantity of cement sold.M/S Sony India Ltd vs Commissioner Of Central Excise,,Cement Marketing Co. Of India Ltd vs Asstt. Commissioner Of,on 30 October,,in a case where the retail sale price either did not include the elements required to be included by the explanation or where the retail sale price was not the sole consideration for the sale,,Under Section 11-AC of the Central ExciseSection 4A Valuation Under Excise Laws - SlideShare,4A of Central Excise Act – Retail Sale Price Based Duty Introduction:,(excluding cement and fertilizers sold in bags upto 50 kgs,free samples/gifts/donations – Valuation to be as per section 4A [Circular no. 915/5/2010-CX., dated 19-02-2010]: In case goods falling under section 4A are given as free samples or gifts or donations,

VALUATION UNDER CENTRAL EXCISE - Excise

In case any of the above conditions is not satisfied ,then value will be determined in accordance with the Central Excise Valuation ( Determination of Price of Excisable Goods ) Rules,2000 (c ) Duty based on MRP: Statutory requirements of declaring retail sale price on the package of notified excisable goods is a pre-requisite for applying section 4A.Central Excise - bcasonline.org,The central Government has notified, w.e.f. 1.3.2008, Central Excise (Determination of Retail Sale price of Excisable Goods) Rules, 2008 to provide for the manner of determination of retail sale price where the same is not declared on the packages or tempered or altered.Central excise - SlideShare,19-03-2013· 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

Excise valuation on retail sales price | Business Standard,

A recent judgment of the Supreme Court, in the case of Jayanti Food Processing Pvt Ltd vs CCE (2007-TIOL-150-SC-CX), authoritatively holding that the applicability of the provisions of the Standards of Weights and Measures Act, 1958 (SWMA) and the rules made thereunder is a pre-requisite for the application of Retail Sales Price (RSP)-based valuation methodology under excise law has again,Commissioner of Central Excise Service Tax Vs. Ultra Tech,,In such cases, the credit of the service tax paid on the transportation up to such place 11 of sale would be admissible if it can be established by the claimant of such credit that the sale and the transfer of property in goods (in terms of the definition as under section 2 of the Central Excise Act, 1944 as also in terms of the provisions under the Sale of Goods Act, 1930) occurred at the,Acc Ltd vs Commissioner Of Central Excise on 21 August,,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 duty @ Rs.600/- per tonne or 12% ad valorem on clearances made to retail customers depending on the quantity of cement sold.

CENTRAL EXCISE

Central excise duty rates on cement and cement clinker are being revised as follows:,All goods 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,as the case may be, and sold under the name as specified in such books or pharmacopoeia (ii),M/S Sony India Ltd vs Commissioner Of Central Excise,,Cement Marketing Co. Of India Ltd vs Asstt. Commissioner Of,on 30 October,,in a case where the retail sale price either did not include the elements required to be included by the explanation or where the retail sale price was not the sole consideration for the sale,,Under Section 11-AC of the Central ExciseCement manufacturers demand reduction in excise duty,LAHORE: All Pakistan Cement Manufacturers Association (APCMA) on Wednesday suggested reduction in Federal Excise Duty (FED) to discourage tax evasion in the industry and negative impact on,

Notification No.04/2007-Central Excise dated 01.03.2007

Notification No.04/2007-Central Excise dated 01.03.2007 Amendments regarding - Ad valorem rates,If the package contains X kg of cement and the declared retail sale price is Rs. Y, then the per tonne equivalent retail sale price = Y*1000/X,in case of goods falling under S.No. 1A; (b),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,Statutory requirement of declaring retail sale price on,,Statutory requirement of declaring retail sale price on the package of notified excisable goods is a pre-requisite for applying section 4A : 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 provisions of the,

CA Final: Central Excise Laws Cases Compilation 2009

When Cookies/Biscuits sold to bulk consumers like airlines/hotel industry and law does not require declaration of retail sale price on the package by the assessee specially under the Standards and Measurements Act, there is no reason to assess the product U/s 4A of the Central Excise Act, 1944 i.e. levy of Excise Duty on the Maximum Retail Price.Excise valuation on retail sales price | Business Standard,,A recent judgment of the Supreme Court, in the case of Jayanti Food Processing Pvt Ltd vs CCE (2007-TIOL-150-SC-CX), authoritatively holding that the applicability of the provisions of the Standards of Weights and Measures Act, 1958 (SWMA) and the rules made thereunder is a pre-requisite for the application of Retail Sales Price (RSP)-based valuation methodology under excise law has again,Central Excise Tariff 2016-17,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 Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent,

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