new budget for excise duty on rolling mills

Duty on raw cashew nut import relaxed - New Age

The overall duty on import of raw cashew nut had been fixed at 40 per cent against the general import duty of 53 per cent, said agriculture minister Muhammad Abdur Razzaque while talking to New Age on Sunday On November 4, the National Board of Revenue ,

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Hans Steel Rolling Mill v Commissioner Of Central Excise ,

Mar 10, 2011· Under the scheme of Section 3-A, the payment of duty is to be under Rule 96-ZP of the Central Excise Rul 4 The 1997 Rules were introduced by Notification No 32/97-CE (NT) dated 1-8-1997, wherein the manner and procedure for determination of annual capacity of rolling mill ,

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Duty increase in Compound Levy - CAclubindia

Mar 29, 2013· Budget, 2011 has brought the excise duty on the utensils @ 1% under Notification no 1/2011-CE dated 132011 on the condition that no credit is availed Also an option was given in this budget to pay the excise duty on utensils @ 5% under Notification no 2/2011-CE dated 132011 alongwith the facility of Cenvat credit

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Bimal Jain - Voice of CA

Abir Steel Rolling Mills [2013 (7) TMI 405 - CESTAT NEW DELHI], held that when the proceedings against the Respondent stand concluded on payment of disputed amount of duty along with interest and 25% of the duty as penalty, there would be no sense in continuing the proceedings for imposition of penalty under Rule 26 of the Excise Rules

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Steel Makers Cry Foul Over Tax Claim By Central Excise Dept

According to CISPA, the department has raised excise duty demand over Rs 5 crore by issuing notices to several steel rolling mills in Punjab after auditing their accounts

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When proceedings against manufacturer stand concluded on ,

Abir Steel Rolling Mills [2013 (7) TMI 405 – CESTAT NEW DELHI], held that when the proceedings against the Respondent stand concluded on payment of disputed amount of duty along with interest and 25% of the duty as penalty, there would be no sense in continuing the proceedings for imposition of penalty under Rule 26 of the Excise Rules ,

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Metal-rolling mills and rolls therefor Central Excise Duty ,

Sep 01, 2020· Metal-rolling mills and rolls therefor Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006 Details of Modvat and cenvat

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Section 11A of the Central Excise Act, 1944 - Taxation

Under the scheme of Section 3A, the payment of duty to be under Rule 96ZP of the Central Excise Rul The Hot-Re-rolling Steel Mills Annual Capacity Determination Rules, 1997 were introduced by notification no 32/97-CE (NT) dated 01081997, wherein the manner and procedure for determination of annual capacity of rolling mill was provided

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SC asks CBDT and CBEC to draft uniform policy on appeals ,

Commnr Of Central Excise vs M/S Doaba Steel Rolling Mills (Supreme Court)– It is observed by the SC that ‘We, may however, hasten to add that it is high time when the Central Board of Direct and Indirect Taxes comes out with a uniform policy, laying down strict parameters for the guidance of the field staff for deciding whether or not an appeal in a particular case is to be filed

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BSRM draws Tk110cr thru ‘false’ claims | theindependentbd

In a glaring example of misinterpretation of duty drawback facilities meant for only exporters, Bangladesh Steel Re-Rolling Mills Ltd (BSRM), Bangladesh’s one of leading steel makers, has allegedly illegally drawn over Tk 110 crore from the government exchequer over a period of two and a half,

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Steel makers cry foul over tax demand by central excise ,

Aug 29, 2011· The excise department has slapped demand notices on steel units after raising objection to industry's 'cash discount' practice and quantum of burning loss being shown in production The audit wing of the department has demanded excise duty from steel rolling mills be paid on the cash discount being availed from the input supplier

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Commissioner Of Central Excise, Chandigarh v Doaba Steel ,

Civil Appeals No 3400 of 2003 with Nos 8342-45 of 2004 and 4992-93 of 2011, decided on July 6, 2011

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Shree Bhagwati Steel Rolling Mills Vs Commr of C Ex ,

Oct 30, 2006· (5) Where the Central Excise Officer not below the rank of Joint Commissioner of Central Excise determines the actual production under Sub-section (4), the amount of duty already paid, if any, shall be adjusted against the duty so redetermined and if the duty already paid falls short of, or is in excess of, the duty so redetermined, the ,

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griding mill with excise duty traffie code

new budget for excise duty on rolling mills tariff code of ball mill in capital goods in cental excise tariff code of ball mill in capital goods in cental excise Ball mills are used primary for single stage fine grinding regrinding and as the second stage in two stage grinding circuits According to the need of customers ball mill

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TIOL - Tax News, GST, Income Tax, Service Tax, Customs ,

UK bans exports of newly-found COVID-19 drugs - tocilizumab & sarilumab, used for arthritis Govt, farmers’ dialogue goes through another round of stalemate; Next meeting on Jan 15 DGFT authorises All India Plastics Manufacturers Association, Gurgaon, to issue Certificate of Origin CBDT issues local transfer order of 4 AC/DCs in Delhi GST - S132(5) - Where the implication of a person is ,

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Can trader send raw material for jobwork - CAclubindia

Dec 30, 2012· 06 January 2013 The job work is treated as manufacturing and if you ar in the braket of limit applicable for payment of Excise Duty then Excise Duty is applicable Why it is so, if the trader purchases finished product from the rolling mill it is Excise Paid but if all the traders supply the rawmaterial to rolling mills for job work then the Govt will never get any Excise duty so all job works ,

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Ship-breaking picks up pace at Gadani - DAWNCOM

Fearing re-imposition of customs duty and sales tax in the new budget importers are trying hard to bring in as many vessels as they can before the end of current fiscal year on June 30

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Central Excise Tariff No Of Ball Mill Components

India Central Excise Duty of Transmission shafts , triple roll mill/ball mills; , Other parts of the goods of tariff item No 84171010, , ball mill manufactures in beawer

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rs 1426 crore-tax evasion scam: Industrialist arrested in ,

Jun 12, 2019· The district excise and taxation department in Punjab’s Fatehgarh Sahib district has unearthed a tax evasion scam worth Rs 1426 crore and arrested a

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Gopal Mills vs Commissioner Of Central Excise, , on 5 ,

Under Section 3A of the Central Excise Act they have to discharge their liability to pay duty in accordance with the provisions of Section 3A of the Act read with Hot Re-rolling Mills Annual Capacity Determination Rules, 1997 and Rule 96ZP of the Central Excise Rules, 1944, They do not have any option not to work under the Compounded Levy Scheme

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Duty - Section 11A - SCN under the amended section to ,

se Act, 1944 wef 1252000, the Supreme Court Judgment in the case of Mysore Rolling Mills Private Limited Vs Collector of Central Excise, Belgium 1987(28) ELT 50(SC) has come to Board s notice The Supreme Court has examined the issue of limitation in that case in an identical situation Prior

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Export Duty On Mill Scale - greenrevolutionorgin

export duty on mill scale in india india « sand processing export duty on mill scale in india india Description : Excise and Customs 1 Mar 2011 , Read more mill ,

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Central Excise Duty Rate - Budget 2009 - Blogger

Jul 07, 2009· 271 Basic excise duty on motor spirit commonly known as petrol intended for sale with abrand name is being converted from ‘6% + Rs 5 per litre’ to a specific rate of Rs 650 perlitre Consequently petrol intended for sale with a brand name will attract total excise duty ofRs 1450 per litre [SNo17 of the Notification No 4/2006-CE dated the 1st March 2006 asamended vide notification ,

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M/S Elphinstone Metal Rolling Mills Vs Collector of ,

SC Expounds: Higher Professional Qualification prescription is not illegal as a qualification for promotion [Read Judgment] High Court: No Detention u/s 129 Of CGST Act on mere suspicion Of mis-classification of Goods [Read Judgment]

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Rs 100 cr central excise duty evasion unearthed in New ,

The Revenue Department on Monday said a major case of central excise duty evasion estimated at Rs 100 crore has been detected and two Mandi Gobindgarh based dealers have been booked in this ,

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Traders caught in VAT refund snags

Bangladesh Steel RE-Rolling Mills Ltd in October in a letter to the NBR said that Tk 93 crore in refund created from 5 per cent advance tax still remained pending with the VAT account ‘A huge amount of working capital of the firm is stuck and the situation is creating cash flow problems for the whole industry,’ BSRM said in the letter

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Consumer Welfare Fund Rules, 1992

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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Steel Mills To Go On Strike | Business Standard News

Read more about Steel Mills To Go On Strike on Business Standard Steel Mills To Go On Strike

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Commnr Of Central Excise, , vs M/S Doaba Steel Rolling ,

8 The respondent-assessee is engaged in the manufacture of hot re-rolled steel products of non-alloy steel in a hot steel rolling mill, classifiable under Chapter 72 of the Central Excise Tariff Act, 1944, for the purpose of levy of Excise duty etc On 5th January, 1998 the Commissioner, Central Excise, Chandigarh determined the annual ,

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