
In that view of the matter, he confirmed the duty for the period Feb., 1985 to 29th August, 1989 under Rule 9(2) of Central Excise Rules, 1944 read with Proviso to Sub-section (1) of Section 11A of the Act. He also ordered for confiscation of 166.66 MT of felspar powder valued at Rs. 2,18,491.26 and further granting them ...
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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 Rolling Mills Pvt. Ltd. v. UOI (2012 (286) ELT 535), held that no export duty can be levied on supplies of goods from DTA to SEZ as such ... rate of excise duty levied under section 3(1) of the Central Excise Act, 1944 on goods is given as 'Nil' then the excise
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Pakistani steel mills outraged by recently proposed new tax measures. All major steel industry associations in Pakistan have recently been concerned by the announced ıntention of the country's Federal Board of Revenue (FBR) to withdraw a federal excise duty (FED) for steel producers in the former FATA/PATA region for the next fiscal year ...
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The excise duty rate on natural compressed gas used as automobile fuel will be Br108.42 per 1,000 cubic meters. ... Miory Rolling Mill is now a state-run company
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The company commenced production in 1991, and presently has 5 rolling mills under its belt. ... FY 2005-06. causing hike in price and fall in Rise in excise duty affected the demand. firms logistics and trading. Due to the weakening of rupees PGCIL is the governing body that against dollar, the companies . SOCIO ...
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Sep 13, 2021Nepal Steel Rolling Mills Association has stated that the industry will collapse if the government raises the customs and excise duty on sponge iron. At a press conference held in Kathmandu on Monday, former president of the association, Pradip Kumar Shrestha said that the industry would be closed and 9-10 thousand jobs would be lost.
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Estimate duty and taxes. This tool provides an estimate only and applies strictly to goods imported for personal use. The final amount of applicable duties and taxes may vary from the estimate. The amount you have to pay will be determined by a border services officer when you arrive at the border. For more information, including personal ...
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Schedule of the Customs, Excise and Preventive Service (Management) (Duties, Rates and Other Taxes) Act, 1994 (Act 476)." RELATED NEWS Subscribe for latest Videos
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The Govt. decision regarding removal of Federal Excise Duty (FED) on erst while Tribal Areas, without consultation with the Stake Holders, is damaging the entire Industry of ... suit either to small/medium re-rolling mill or even to automatic mills as the value per metric ton of iron bars becomes Rs. 179010/- by adding 17% sales tax to Rs ...
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Others are Bujagali Power project, Roofing Rolling Mills, Vinci Coffee Company Ltd, Liao Shen Industrial Park, ASB Group of Companies, National Cement Uganda Limited, Southern Range Nyanza, Lydia ...
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THE CUSTOMS AND EXCISE ACT (Cap. 472) THE CUSTOMS AND EXCISE (DUTY REMISSION) I REGULATIONS, 2002 (L.N. 129 of 2002) APPROVED MANUFACTURERS AND PRODUCERS PURSUANT to the provisions of Regulations 27 of the Customs and Excise (Duty Remission) Regulations, 2002, the Commissioner of Customs Services notifies that the following manufacturers/producers
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Excise duty is charged on Manufacture. Normal Meaning of Manufacture ... Delhi Cloth and General Mills, 1977 Burden of proof on ... amounting to manufacture: (1) Obtaining sugar from sugarcane (2) Making furniture from woods (3) Rolling of tobacco to make biris (4) Conversion of fruit pulp to made fruit drink (5) Cutting, hemming and stitching ...
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Existing (2011-12) Proposed (2012-13) Excise Duty % Customs Duty % Excise Duty % Customs Duty % Articles of iron & steel . Castings, forgings, tubes, pipes etc.
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EXCISE DUTY - Restoration of seized car - Whether excise goods imported for non-commercial purpose - No - Appeal dismissed ... hand-rolling tobacco, 6000 cigarettes, 100 cigarillos and 168 litres of beer. ... Mrs Mills and Mr Perfect had in fact been intercepted on 4 February 2001. On this
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(b) a special duty of excise, in addition to the duty of excise specified in clause (a) above, on excisable goods excluding goods produced or manufactured in special economic zones specified in the Second Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) which are produced or manufactured in India, as, and at the rates, set forth in ...
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Steel ministry for removing duty exemption categories. 22 December 2015. After anti-dumping and safeguard duties, the Union ministry of steel wants to plug another trade route to prevent cheaper imports. It has recommended that Rule 11 (1) (c) for imposition of countervailing duty (CVD) be amended, so that a duty can be imposed on exempted ...
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Sales tax and excise duties are refundable but custom duty is not ... Pakistan Steel mill has categorized its workers education ... Cold Rolling Mills 200 December 1984 . Galvanizing Line 100 ...
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Cleantouch Re-Rolling Mill System More Info... Perfect Accounting & Inventory Software for Re-Rolling Mills. Cleantouch Re-Rolling Mill System can be used to maintain Accounts, Inventory, Production and Sales Tax. Production module in this package made simple by recording formula of T-Bar, R-Bar & D-Bar at the time of creating item within software.
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said Central Excise Tariff Act, in a hot re-rolling mill, on which the duty of excise is paid under section 3A of the Central Excise Act, 1944 (1 of 1944). [F. No. B-31/7/97-TRU] ... much of the duty of excise leviable thereon which is specified in the said Schedule as in excess of the amount calculated at the
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HS Classification, central excise circular details, Excise duty for Hydraulic Power Pack, central excise tax notifications, central excise offices, ... PARTIAL SHIPMENT HYDRAULIC POWER PACK COMPLETE ASSEMBLY FOR STRAND 1 AND 2 FOR CCM OF STEEL RE-ROLLING MILL WITH STANDAR: 1: 3.2619: Petrapole Road: BENAPOLE: 2016-11-08:
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KIND ATTENTION: CENTRAL EXCISE TAXPAYERS : 31st MARCH 2022 IS THE DUE DATE FOR PAYMENT OF CENTRAL EXCISE DUTY FOR THE MONTH OF MARCH 2022 ; General Elections to the Legislative Assemblies of Goa, Manipur, Punjab, Uttarakhand, ... HOT RE-ROLLING STEEL MILLS ANNUAL CAPACITY DETERMINATION RULES, 1997.
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Aug 5, 2022The CESTAT, Chennai in the matter of M/s.Unimech Industries Private Limited vCommissioner of Central Excise [Excise Appeal No. 42787 of 2014 and 41588 of 2017 dated June 10, 2022] has held that the value of scrap arising during the process of manufacturere by the job worker is not included in the value of the goods cleared by the job worker to the principal manufacturer for the purpose of ...
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This means that whenever you are flying to these countries/areas listed below, you can buy relevant goods at "Duty Free" prices. These destinations are The Canary Islands - Tenerife, Gran Canaria, Lanzarote, Fuerteventura (these are part of Spain). The UK left the EU on 1 January 2021, and the end of the transition period for the UK's ...
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Thus, the import of Iron & Steel scrap at nil duty is fully justified. II. Central Excise. At present the Central Excise duty on Steel is 16%. The Induction Furnace Industry produces pencil ingots of mild Steels which are used to make bars and rods, small size angles and channels, etc. by rolling the ingots.
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Central Excise Duty has to be included in the value of ... case of M/s. P.R. Rolling Mills Pvt. Ltd. v. Commissioner of C.Ex., Tirupathi reported in 2010 (249) E.L.T. 232
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A Project Report on Central Excise Duty at VISTEON AUTOMOTIVE SYSTEM INDIA Pvt. Ltd. Submitted to UNIVERSITY OF PUNE In Partial fulfillment of Masters In Business Administration Submitted by Rimon Rakshit VISHWAKARMA INSTITUTE OF MANAGEMENT 2005-07 ... E.g. steel ingots are made in a steel mill. These are rolled into plates by a re-rolling unit ...
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The Cabinet has given a nod to increase additional excise duty on liquor in order to meet the excise revenue target for 2022-23. ... Cabinet has approved the proposal to provide Stand Alone Rolling Mills under HV-4 category steel industry with the concession in energy cess under special relief package of State Government from 01 July 2022 to 31 ...
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Jul 14, 2022Earlier, the additional excise duty was Rs 5 per bottle of liquor, which will now be Rs 10, he said. The minister further said a proposal for the formation of the District Strike Force (DSF) cadre...
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Central Excise Duty at the rate of 12 per cent was leviable on Iron and steel and its articles with effect from 19 March, 2012. In addition, Education Cess (with effect from 9 July 2004) at the rate of 2 per cent of the duty and Secondary and Higher Education Cess (with effect from1 March 2007) at the rate of 1 per cent of the duty is also ...
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R. M. SAHAI, J. The question of law that arises for consideration in this appeal is whether the tube mill and welding head erected and installed by the appellant for manufacture of tubes and pipes out of duty-paid raw material was assessable to duty under residuary Tariff Item No. 68 of the Schedule being excisable goods within the meaning of Central Excises and Salt Act, 1944 ('Act' for short)
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Aug 18, 2022Excise Duty; Central Excise Manual; Central Excise Notifications; ... Central Excise Circular No 331/1997 Issuing Authority: Central ... Subject: Regarding application of section 3A of the Central Excise Act, 1944 to Re-rolling Mills and Induction Furnaces Circular No. 331 dated 30 th August 1997 ...
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Central Excise duty on transaction value as per its appropriate classification and rate of duty. As per the circular, foreign materials, emerging ... [Smita Steels Rolling Mills Pvt. Ltd. v. Commissioner - 2016-TIOL-1054-CESTAT-MUM] Cenvat credit - No reversal required for inputs
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The Indian iron ore pelletization industry has sought a reduction in excise duty to five percent from 12.5 percent at present in the forthcoming national budget later this week, in view of falling export prices, an official at the Pellet Manufacturers Association of India (PMAI) said on Wednesday, February 24. The PMAI official said that, with export prices falling from an average of $162/mt ...
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Sawan Mal Shibhu Mal Steel Re-Rolling Mills, Mandi Govindgarh, supplier of inputs. During MODVAT verification it was found that the supplier of inputs had not discharged full duty liability for the period covered by the invoices on the strength of which the Respondent took the benefit of deemed MODVAT credit. The Competent Authority was of the ...
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This means that whenever you are flying to these countries/areas listed below, you can buy relevant goods at "Duty Free" prices. These destinations are The Canary Islands - Tenerife, Gran Canaria, Lanzarote, Fuerteventura (these are part of Spain). The UK left the EU on 1 January 2021, and the end of the transition period for the UK's ...
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(Rolling Mill Division), Hirapur - Sondongari Road, Jarwah, Hirapur, Raipur (C.G.) - 429 001. ... Central excise duty is levied as per Central Excise Act, 1944. Section 3 is the charging ...
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the appellant was, therefore, asked to show-cause as to why central excise duty amounting to rs.12,67,006.19, on 3473.705.2.2 mt excisable goods i.e. rolling products manufactured and cleared by it without payment of duty for the period 23.8.1984 to 31.8.1987 should not be recovered from it under rule 9 (2) of the rules read with proviso to sub- .
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(a) provide the manner for determination of the annual capacity of production of the factory, in which such goods are produced, by an officer not below the rank of Assistant Commissioner of Central Excise and such annual capacity shall be deemed to be the annual production of such goods by such factory; or
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Free 35% 10 Of stone mill or stone mill machines . roll bars and other . 1/ See heading 9902.01.92. Harmonized Tariff . Eximkey Ch. 84 Indian export import,dgft,custom,excise and RBI.
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