First schedule and the second schedule in respect of goods at which duties of excise shall be leviable on the goods under the central excise act, 1944. Schedule to the central excise tariff act, 1985 5 of 1986 as being subject to a duty of. Amendments in first schedule to the central excise tariff act, 1985. Download central excise tariff act, 1985 file in pdf format. Excise duty types of excise duty there are three different types. This act may be called the central excise act,1944. There is no change in the mean cenvat rate of 8% ad valorem. India, at the rates set forth in the schedule to the central excise tariff act, 1985, falls under the category of basic excise duty in india. General explanatory notes to the first schedule to the central excise tariff act. New central excise tariff with tariff heading codes. Ca final indirect direct tax summary book pdf may 2020.
Inserted vide the central excise tariff amendment act, 2004. General rules for interpretation of the schedule to the central excise tariff act, 1985. Establishment orders central excise, customs and service tax. The concessional central excise duty rate of 4% is being increased to 5%. Central board of excise and customs home page of central. In this schedule, heading, subheading and tariff item mean respectively a heading, subheading and tariff item in the first schedule to the central excise tariff. Goods manufactured at the site of construction for use in construction work at such. Central excise duty free download as powerpoint presentation. Excise or assistant commissioner of central excise, as the case may be, which. The term excisable goods means the goods which are specified in the first schedule and the second schedule to the central excise tariff act, 1985, as being subject to a duty of excise and. Exempts excisable goods of first schedule to central excise tariff.
Additional duties of excise goods of special importance act, 1957 58 of 1957 4. Central excise tariff notification 202007ce dated 25042007,grants exemption to units in certain states in the north east,central excise tariff notification no. Exempts excisable goods of the first schedule to the central excise tariff act. Central excise cenvat with education cess on manufacturing export goods. Schedule to the central excise tariff act, 1985 5 of 1986 as being subject to. In this schedule, heading, subheading, tariff item and chapter mean respec tively a heading, subheading, tariff item and. Explanatory notes central excise general excise duty. Authority as per the rehabilitation package prepared by the operating agency. Inauguration of customs canine centre at attari, amritsar by dr. The excise management and tariff act an act to make provision for the control of the manufacture of excisable goods, the denaturing of spirits, for the collection of excise duties and for related and connected matters 1st november, 1954 ords nos.
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