Agrawal, Member (T), (Northern Bench At New Delhi) ... Laxmi Iron Steel Rerolling Mills Ltd. and Shri Jain, Partner, is whether the demand of Central Excise duty is time barred under the provisions of Section 11A(1) of Central Excise Act. Shri Anand, learned Advocate, submitted that the Appellants manufacture iron and steel ...
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Mar 29, 2022 Fuel excise paid by Australian motorists will be halved for six months, part of a preelection cash splash designed to help fight the rising cost of living and rebuild the ...
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Mysore Rolling Mills (P) Ltd. Vs. Collector of Central Excise, Belgaum [1987] INSC 50 (18 February 1987) ... 9 10Excise dutyHandling charges to be added for computation of dutyManufacturer suppressing disclosure of handling chargesWhat is period of limitation applicable. ... With effect from a new has been inserted into ...
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Duty Drawback Rates; Budget; Indian Budget; Key To Budget; Budget Highlight; Budget Speech ... Central Excise Circular No 331/1997 Issuing Authority: Central ... Subject: Regarding application of section 3A of the Central Excise Act, 1944 to Rerolling Mills and Induction Furnaces Circular No. 331 ...
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Central Excise Abatement of duty payable compounded rate on the basis of the number of cold Rolling mills installed in the factory It... Home ; Income Tax; + G S T ; Exp. / Imp. IDT+ (old) ... 2023 and procedures Finance Act, 2023 + Union Budget 202324 GST Council Meetings and Decisions Follow us: ...
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New Delhi, June 3, 2023: The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal has ruled that the benefit of Notification No. 50/2008CE(NT) would be applicable retrospectively. The brief facts of the case were that Pareshnath ReRolling Mills Ltd. (appellant) had supplied M. S. Angles, Channels, Joists etc. to the SEZ ...
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Tax and Duty Manual Excise Duty Rates 7 6. Tobacco Products Tax The rates of Tobacco Products Tax for cigarettes and for other tobacco products have been increased, with effect from 28 September 2022. The revised rates are set out in Schedule 1. The increase amounts to 50 cents, inclusive of VAT, on a packet of
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1. This Section does not cover : (a) transmission or conveyor belts or belting, of plastics of Chapter 39, or of vulcanised rubber (heading 4010); or other articles of a kind used in machinery or mechanical or electrical appliances or for other technical uses, of vulcanised rubber other than hard rubber (heading 4016);
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1. M/s. National Steel Rolling Mills have filed this appeal against the order of the Addl. Collector of Customs. The Addl. Collector in his order had held : Section 11A of the Central Excises and Salt Act and the Addl. Collector then decided the case as indicated in the preceding paragraph. 3.
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The Commissioner held the process of coldrolling to be amounting to manufacture, in terms of Chapter Note 4 to Chapter 72. The Commissioner also imposed penalties on the suppliers of the materials. On the appeals filed by the assessee and the suppliers of the cold rolled SS patta/patti, the Tribunal by a 21 majority held that the process of ...
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Metalrolling mills and rolls therefor Central Excise Duty. Metalrolling mills and rolls therefor Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat. Budget underestimates taxes for FY21 and FY22 Date:
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Under the scheme of Section 3A, the payment of duty to be under Rule 96ZP of the Central Excise Rules. The HotRerolling Steel Mills Annual Capacity Determination Rules, 1997 were introduced by notification no. 32/97CE (NT) dated, wherein the manner and procedure for determination of annual capacity of rolling mill was provided.
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A rolling budget, also known as a continuous budget, is a financial planning system that is always in motion and never static. It continually adjusts the forecasted expenses and revenue of a specific period, usually 12 months or more.
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It may also be observed that the stocks of rerolled products lying with such mills will also be allowed to be cleared at a concessional rate of Rs. 150/ per metric tonne vide amended 3 of notification No. 50/97Ce, dated the rate of duty of Rs. 150/ per metric tonne will now be applicable of units with mill size ...
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[Order per : B. Ravichandran, Member (T)]. The appeals are against order dated of Commissioner of Central Excise, Jaipur. The appellants have imported Zinc anodes and filed three bills of entry for clearing the same at ICD, Concor, Jaipur. They have claimed exemption from customs duty under Notification No. 26/2000Cus., dated 132000.
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Dr. Sharma, J.— The issue that falls for consideration in these appeals is as to whether the provisions of timelimit that are contained in Section 11A of the Central Excise Act, 1944 (in short "the Act") are applicable to the recovery of amounts due under the compound levy scheme for hot rerolling mills, under the Hot Rerolling Steel Mills Annual Capacity Determination Rules ...
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The fossil fuel excise has been cut by 50% in the Federal Budget, effective from 30 March 2022 and will continue for the next six months. This is a "cost of living" adjustment, according to the budget presentation made no mention of the cost to the environment of 'business as usual at the bowsers', or Prime Minister Scott Morrison's rush to the United Nations climate ...
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IN THE CUSTOMS, EXCISE AND SERVICE TAX APPELLATE TRIBUNAL WEST ZONAL BENCH AT MUMBAI APPEAL NO: E/1320/2009 [Arising out of OrderinOriginal No: 18/CEX/2009 dated 23/09/2009 passed by the Commissioner of Customs Central Excise, Nashik.] MITC Rolling Mills Pvt. Ltd. Appellant versus Commissioner of Central Excise Customs Nashik Respondent
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The brief facts of the case are that MITC Rolling Mills Pvt. Ltd. during the period 2005 — 06 to 2008 — 09 had supplied goods to SEZ Developer without payment of duty by following the ARE — 1 Procedure under the provisions of Rule 30 of SEZ Rules, 2006 read with Notification No. 42/2001 — CE (NT) dt. They had availed credit ...
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On this ground alone therefore, the impugned judgment is set aside. That none of the other provisions of the Central Excise Act can come to the aid of the Revenue in cases like these has been laid down by this Court in Hans Steel Rolling Mill v. CCE, (2011) 3 SCC 748 = 2011 (265) 321 () as follows : "13.
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There was no element of 'manufacture' being done by them to invoke provisions of section 2 (f) of the Central Excise Act, 1944. Extended period of limitation under section 11A (1) of the Act can be invoked if suppression, wilful misstatement occurs due to deliberate evasion of duty on part of the Appellant.
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central machinery micro mill new budget for excise duty on rolling mills. Collector Of Central Excise, Bhubaneswar v Re. The learned counsel for the parties do not dispute that this appeal is covered by the decision of this Court in Union of India vJain Shudh Vanaspati Ltd 1996 10 SCC 520 In that case the Court was dealing with Section 28 of the Customs Act which is in pari materia with ...
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ORDER Agrawal, Member (T) . 1. M/s. Kishan Chand Steel ReRolling Mills have the present appeal against letter dated 191999 signed by the Superintendent Central Excise informing that their request dated, regarding discharge of duty liability on hot rerolling products on the basis of actual production has been examined at the Board of Excise and Customs (CBEC) is ...
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reportable in the supreme court of india civil appellate jurisdiction civil appeal no. 3400 of 2003 commissioner of central appellant excise, chandigarh versus m/s doaba steel rolling mills respondent with civil appeal of 2004, civil appeal of 2004 civil appeal of 2011 (arising out of (c) of 2010) j u d g m e n t
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Duty Calculation with SAARC Member Countries. For Duty Calculation with SAARC Member Countries Please Choose Rates Declared on 1Jul2007. These Duties will be applicable between SAARC Member States under SAFTA. AppendixI and AppendixII. CUSTOMS Notification No. : 125/2007, Dated : CUSTOMS Notification No. : 80/2007, Dated :
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(in the case of hot rerolling mills), from whole of excise duty. Notification No. 49/97CE refers. (i) For rerolling mills of nominal diametre below 200 mm., concessional rate of duty has been prescribed. The rate of duty will be Rs. 150 per metric tonne vide first proviso to subrule (3) of rule 96ZP.
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Tax and Duty Manual Budget Excise Duty Rates 6 2. Increase in Rate of Natural Gas Carbon Tax (NGCT) Finance Act 2020 legislated for increases in the NGCT rate each year for 10 years based on a programme of changes in the amount charged per tonne of CO2 emitted, which started at € in 2021 and will conclude at €100 in 2030.
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nonalloy steel hot rerolled products falling under subheading Nos.,,,,,,,,,,, and of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), for determining the annual capacity of production of a factory if such goods are manufactured or produced with the aid of hot rerolling mill.
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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