new budget for excise duty on rolling mills

  • Excise Finhealth

    Sep 12 2013 · The Competent Authority was of the view that appropriate duty of excise had not been paid by the manufacturer of inputs under the invoices on the strength of which the respondent took the benefit of deemed MODVAT credit and it was obligatory on the part of the respondent to take all reasonable steps to ensure that the appropriate duty of excise

  • Clandestine RemovalCustoms

    In case of M/S Jai Bharat Steel Rolling Mills demand was confirmed on the same ground and Tribunal vide Stay Order dated 14.02.12 relying on Hon ble Bombay High Court in case of Orange City Alloys directed the assesse to deposit 25 of the duty 4 2013 (2) ECS ( 75)(Tri-Del)

  • Textiles Slash excise duty on MMFRediff Business

    Feb 17 2010 · CII seeks reduction of customs duty from 5 to NIL on imported components of shuttleless looms. Adding to the above the association has asked to reduce excise duty from 8 to 4 on components of 40 specified textiles machinery and equipment to bring at par with the excise duty applicable on complete machines/ equipment.

  • Budget 2020GOV.UK

    2 MHCLG s CDEL budget in includes technical adjustments along with Budget announcements since Budget 2018. 3 DfT s CDEL budget in includes a net reduction due to business rates

  • 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

  • Ship-breaking picks up pace at GadaniDAWN

    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.

  • 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 Rules. 4. The 1997 Rules were introduced by Notification No. 32/97-CE (NT) dated wherein the manner and procedure for determination of annual capacity of rolling mill

  • Steel makers cry foul over tax demand by central excise

    Steel makers in Punjab has termed the excise duty demand raised by the central excise department as unjustified. Benchmarks . Nifty 10 805.55-326.3. NSE Gainer-Large Cap .

  • ReRoll Latest News Videos Photos about ReRoll The

    Nov 13 2016 · CII suggests measures to revive growth of steel industry 26 Apr 2020 04.21 PM IST. To enhance demand the industry body suggested measures like time-bound implementation of infrastructure projects announced by the government and package for steel consuming industries like auto and infrastructure besides a ban on imports of seconds defectives and re-rollable scrap steel

  • Central Excise Duty RateBudget 2009Blogger

    Jul 07 2009 · 27.1 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 6.50 perlitre. Consequently petrol intended for sale with a brand name will attract total excise duty ofRs. 14.50 per litre. S.7 of the Notification No. 4/2006-CE dated the 1st March 2006 asamended vide notification

  • Steel makers cry foul over tax demandRediff Business

    Aug 29 2011 · According to CISPA the department has raised excise duty demand over Rs 5 crore (Rs 50 million) by issuing notices to several steel rolling mills in Punjab after auditing their accounts.

  • A WYATT Solution (info wyatt)

    Dec 02 2011 · In the Union budget for Excise duty on paper and paperboard has been increased from 5 to 6 with effect from 17.3.2012. Cable Division There are 12 Manufacturers of Optical Fibre Cables having installed capacity of around 700000 km. bSNL has released total 42000 Cable km of order for supply of 24F optical Fibre cables in the current

  • rs 14.26 crore-tax evasion scam Industrialist arrested in

    The district excise and taxation department in Punjab s Fatehgarh Sahib district has unearthed a tax evasion scam worth Rs 14.26 crore and arrested a

  • Steel Mills To Go On Strike Business Standard News

    The All-India Steel Re-rollers Association (AISRA) has called an indefinite nationwide strike from August 1 to protest against the hike in excise duty. Anil Suri general secretary of yesterday said that if the government failed to accept the demand for lowering the excise duty by July 31 all the 2 600 re-rolling mills would launch an

  • Steel makers cry foul over tax demand by central excise

    Steel makers in Punjab has termed the excise duty demand raised by the central excise department as unjustified. Benchmarks . Nifty 10 805.55-326.3. NSE Gainer-Large Cap .

  • Metal-rolling mills and rolls therefor Central Excise Duty

    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.

  • 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

  • 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

  • Steel Mills To Go On Strike Business Standard News

    The All-India Steel Re-rollers Association (AISRA) has called an indefinite nationwide strike from August 1 to protest against the hike in excise duty. Anil Suri general secretary of yesterday said that if the government failed to accept the demand for lowering the excise duty by July 31 all the 2 600 re-rolling mills would launch an

  • Steel Mills To Go On Strike Business Standard News

    The All-India Steel Re-rollers Association (AISRA) has called an indefinite nationwide strike from August 1 to protest against the hike in excise duty. Anil Suri general secretary of yesterday said that if the government failed to accept the demand for lowering the excise duty by July 31 all the 2 600 re-rolling mills would launch an

  • The 10 excise duty on BettingMt.KenyaTimes

    While reading the 2019/20 financial budget on Thursday the Treasury Cabinet Secretary Henry Rotich introduced the excise duty betting activities where they will be taxed 10 per cent at every amount staked. As gambling especially sports betting becomes pervasive in

  • Zig O Log Mills

    New Budget For Excise Duty On Rolling Mills Hammer Mills Pto Driven 100 Mills .999 Fine Gold Clad Worth Gypsum Mills Homes For Sale Gold Mine Stamping Mills Sales In South Africa Used Hammer Mills Mining Used Ball Mills Size And Rating Aluminum Rod International Mills In South Africa Ball Mills Maintenance Program List Of Bangladeshi

  • New Budget For Excise Duty On Rolling Mills

    UNION BUDGET .97 Мб. In the budget 2012 excise duty on automobile chassis was increased to 14 which needs to be reduced to 13 in case of chasis for tippers and normal load vehicles arings for wind mills are custom made and designed to take very heavy load.

  • 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.

  • Section 11A of the Central Excise Act 1944Taxation

    Court SC Brief The issue that falls for consideration in these appeals is as to whether the provisions of time limit 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-Re-rolling mills under the Annual Capacity determination Rules 1997 because otherwise it is a

  • 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. 8417.10.10 ball mill manufactures in beawer

  • central excise rebate from re rolling mill

    Rolling Mills At Gauhati antwerpsehavenpijlbe. Rolling mills at gauhati consulsliegeCentral excise rebate from re rolling millNew budget for excise duty on rolling mills central excise rebate from re rolling millUpdated and new central excise notifications 38 central excise circulars rolls for rolling mills more info. Get Price

  • central excise rebate from re rolling mill

    Levy of central excise dutyExcise Forum. 2017/06/25· Input Handling Costs or Material handling Costs (ie. Pre-manufacturing Costs) are to be included in the Assessable Value for levying Excise Duty. This view is supported by Supreme Court in Mysore Rolling Mill (P) Ltd 28 ELT 50. Get Price

  • rs 14.26 crore-tax evasion scam Industrialist arrested in

    The district excise and taxation department in Punjab s Fatehgarh Sahib district has unearthed a tax evasion scam worth Rs 14.26 crore and arrested a

  • Commnr. Of Central Excise vs M/S. Doaba Steel Rolling

    Jul 06 2011 · the sectors like induction furnaces steel re-rolling mills etc. where evasion . of Excise duty on goods produced in such mills was rampant. The provision . authorises the Central Government to notify certain goods for levy and . collection of duty of Excise on such goods in

  • 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.

  • Federal Budget Immense relief measures proposed

    ISLAMABAD The Federal Government Friday announced a large number of relief measures in sales tax federal excise duty income tax and others in the federal budget for the fiscal year .

  • ReRoll Latest News Videos Photos about ReRoll The

    Nov 13 2016 · ReRoll Latest Breaking News Pictures Videos and Special Reports from The Economic Times. Steel Ministry to prepare green manual for re-rolling mills 07 Jan 2008 03.03 PM IST 2011 05.42 PM IST. Steel makers in Punjab has termed the excise duty demand raised by the central excise department as unjustified. CII suggests measures to

  • Duty increase in Compound LevyCAclubindia

    Mar 29 2013 · Budget 2011 has brought the excise duty on the utensils 1 under Notification no. 1/2011-CE dated 1.3.2011 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 1.3.2011 alongwith the facility of Cenvat credit.

  • Federal Budget Immense relief measures proposed

    ISLAMABAD The Federal Government Friday announced a large number of relief measures in sales tax federal excise duty income tax and others in the federal budget for the fiscal year .

  • rs 14.26 crore-tax evasion scam Industrialist arrested in

    The district excise and taxation department in Punjab s Fatehgarh Sahib district has unearthed a tax evasion scam worth Rs 14.26 crore and arrested a