Nthe central excise rules 2002 pdf merger

If the manufacturer defaults on account of any of the following reasons, namely. Other rules have also been notified namely, cenvat. Central excise rules, 2002 central excise rule 1 short. They shall come into force on the 1st day of march, 3 2002. March 1, 2016 in exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944 and in supersession of the central excise no. Rule 7 4 of central excise rules, 2002 1st mar 2016 082016 ce nt dated 1st march 2016 the assessee shall be liable to pay interest on any amount payable. Central board of excise and customs, the governing body for indirect taxation with its three strong arms viz. In the union budget 201516, one of the amendments made to the central excise rules, 2002 cer with effect from 01. Manner of payment in respect of specified goods on which excise duty has been imposed with effect from 1st march, 2002. Rule 27 of central excise rules 2002, is generously used for penalizing technical lapses. 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.

Latest edition gst book gst law and analysis with conceptual procedures in 3 volumes, updated as on 01. Rule 12 1 of the central excise rules, 2002 cer by 10 th of the following month. Rapid revision on central excise my thoughts on indirect. Discuss briefly the provisions of rule 44 of the central excise rules, 2002 regarding storage of nonduty. During the course of scrutiny of the monthly return filed in the form er1 by the assessee having central excise registration no. Any inputs received in a factory may be removed as such or after being partially processed to a job worker for further processing, testing, repair, reconditioning or any other purpose subject to the fulfillment of conditions specified in this behalf by the commissioner of central excise having jurisdiction.

The position as explained in there circulars does not change after amendments made vide notification no. Monthly return for 100% eous undertakings in respect of goods manufactured, goods cleared and receipt of inputs and capital goods. Provided that a registration obtained under rule 174 of the central excise rules, 1944 or rule 9 of the central excise no. Dear sanjay, we understand that you are referring a wrong rule 83 whereas the position you are discussing is mentioned under rule 8 3a of central excise rules, 2002 as amended from time to time and it has been substituted vide notification no. Rule 12 filing of return central excise rules, 2002. Download central excise rules 2002 file in pdf format. Aaifk3764bxm001 old premises, for the month of april 2011, it is observed that they had shown the finished goods quantity 4003. Section 6 of central excise act, 1944 and rule 9 of central excise rules, 2002 require that every person including central state govt. A breach of these rules shall, where no other penalty is provided herein or in the act, be punishable with a penalty which may extend to five thousand rupees and with confiscation of the goods in respect of which the offence is committed. Excise of duty prescribed on advalorem basisrecovery ofleave to appeal was granted to consider whether under central excise and salt act, 1944, sections 3, 3c and 4 read with schedule thereof, excise duty prescribed on advalorem basis under the act could be charged and recovered as a consequence of sro. In the said rules, in rule 11, a in subrule 2, after the proviso, the following provisos shall be inserted, namely. In exercise of the powers conferred by rule 11 of the cenvat credit rules, 2002, and in supersession of the notification of the government of india in the ministry of finance department of revenue no. Central excise rules, 2002 iv central excise appeals rules, 2001. In these rules, unless the context otherwise requires.

Eximkey india dgft, customs, excise, export import policy. Central excise is a levy tax, levied on a commodity manufactured within the country by the union government by an act of parliament usually in the finance bill, in the presentation of the budget in the parliament, generally on the last working day of february every year by notifying under a tariff. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944, the central government hereby makes the following rules, namely. Where it is shown to the satisfaction of the central excise officer that.

Surrender your existing central excise registration. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944 and in supersession of the central excise rules, 2002, except as respects things done or omitted to be done before such supersession, the central government hereby makes the following rules, namely. This is the basic law related to the levy and collection of duties of central excise. Where invoice for clearance of fm shall be as per rule 11 of central excise rules, 2002 and rule 91aiii of cenvat credit rules, 2004 makes an invoice issued by a manufacture for clearance of inputs or capital goods as such eligible for receipt of credit. Central excise rules 2002 as amended by notification no. Central excise rules 2002giridhars original notification no 42012 dated 01. Central government is empowered to specify, by notification,the goods in respect of which an assesses shall have the option to pay the duty of excise on the basis of specified factors relevant to production of such goods size of equipment employed,number and the types. Tiol tax news, gst, income tax, service tax, customs. Central board of excise and customs cbec is a part of the department of revenue under the ministry of finance, government of india. In these rules, unless the context otherwise requires, a act means the central excise act, 1944 1 of 1944. With due respect to all those who advocate this view beg to differ. These rules may be called the central excise rules, 2002.

Procedure of shifting of premises under central excise law. Annual financial information statement for the preceding financial year. Central excise department, or any person including an officer of the state government. Indian central excise central excise cenvat credit rules. Make sure that these sections and rules with the period of their applicability are in your mind all the times.

Central excise cenvat credit rules 2002, central excise rules rule1, rule2, rules3, rule4, rule5, rule6, rule7, rule8, rule8, rule9, rule10,rule11, rule12, rule, rule14 definitions, cenvat credit, conditions for allowing cenvat credit, refund of cenvat credit, obligation of manufacturer of dutiable and exempted goods, storage of inputs outside the factory of the. In these rules, unless the context otherwise requires, act means the central excise act, 1944 1 of 1944. Any notification, circular, instruction, standing order, trade notice or other order issued under the central excise no. The central excise rules, 1944 josh and mak international. Filling of return in respect of specified goods on which excise duty has been imposed on and from the 1st march, 2002. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944 and in supersession of the central excise no. Important rules are central excise rules, cenvat credit rules and central excise valuation rules. Aaifk3764bem002, under rule 9 of the central excise rules, 2002. Rule 27 general penalty central excise rules, 2002. Exempts excisable goods of the first schedule to the central excise tariff act, 1985 5 of 1986 ad valorem rates g. Similar provisions existed in the previous rules also and for ready reference, 173 g 1 e of the then central excise rules, 1944 and rule 8 4 of the then central excise rules, 2001 are reproduced below. Subject to the provisions of section 11ac of the central excise act, 1944, following offences have been prescribed under rule 25i of the central excise rules, 2002removal of any excisable goods in contravention of any of the provisions of these rules or the notifications issued under these rules. Procedures contained in central excise rules, 2002 contained in service tax rules, 1994 import procedures, export procedures, warehousing, duty drawback, baggage rules.