Exemption to RMC manufactured at site– effect & FAQ's
9. What are the interest rates for delayed payment of excise duty? Interest has to be paid at 18% p.a for each day of delay upto 31.03.2016 and 15% p.a. from 01.04.2016. 10. What is the value to adopt for paying excise duty? 110% of cost of production – in case builder/contractor operating RMC plant for himself at site. For …
Manufactured Sand
Manufactured sand (M-Sand) is artificial sand produced from crushing hard stones into small sand-sized angular shaped particles, washed and finely graded to be …
M Sand & Manufactured Sand: Uses in construction
The three processes that make up the manufacturing process for M sand are as follows: Stones of varying sizes are crushed using VSI crushers to create aggregates in the first step of the process. The totals are then destroyed in a Rotopactor to produce the sand with the desired grain size.
Manufacture Under Central Excise Act
As per section 2(f) of Central Excise Act, 1944 (CEA), manufacture includes any process. i) Incidental or ancillary to the completion of a manufactured product AND. ii) Which is specified in relation to any goods in the section or chapter notes of the 1 st Schedule to the Central Excise Tariff Act, 1985 (CETA), as amounting to manufacture …
Excise Duty Rates Under GST: Excise Duty vs. GST | Tally …
Excise duty is levied on the manufacture of goods and levied at the time of removal of goods. While GST will be levied on the supply of goods and services. In GST, Excise duty's place has been taken by Central GST as excise is levied by Central Government and revenue from CGST will also be of Central government. Will GST …
Kenya adjusts specific excise duty rates for inflation
Advanced manufacturing and mobility. Advanced manufacturing and mobility Aerospace and defense; Automotive; ... published revised rates of excise duty applicable on excisable goods. The new rates, which take effect on 1 October 2020, are based on an average inflation rate of 4.94%. ...
JOb Work under Central Excise & Service Tax
If the process undertaken by the job worker amounts to manufacture/ deemed manufacture as per the definition or decided case laws, the job worker would be liable to pay duty of excise on the goods so manufactured unless the principal manufacturer who has supplied him the goods for job work, furnishes a declaration …
All About M Sand | What Is M Sand
M Sand Manufacturing Process. It is produced by the crushing of granite rocks. Coarse hard rock deposits are crushed in crushers and the crushed material is segregated in different fractions. The sand obtained through this process is further refined by removing fine particles and impurities through sieving and washing.
M Sand: Characteristics, Advantages, Disadvantages, 15 Best
M-sand, also known as manufactured sand, presents a sustainable solution to the dwindling availability of river sand. It is yielded by crushing rocks and stones such as …
Excise duty on textile products (chapters 50 to 63) …
Central Excise Duty is applicable for manufacturing yarn??? Reply. July 22, 2015 at 11:30 am Rajiv Sinha says: Now, the department issued a Notification No. 37/2015-CE dated 21.07.2015, inserting the following explanation after the provision:-"Explanation.- For the purposes of this notification, appropriate duty or appropriate …
Impact of GST on the Cement Industry
For example, there are various rates and specific duties of excise applicable on different types of cement depending on whether they are supplied in bulk form or in packaged form or whether for industrial or trade purposes. The effective rates including excise & VAT totals up to around 24-25%. Impact of GST on Cement
M Sand: Price, types and advantages for sustainable …
M sand is a form of artificial sand, manufactured by crushing large hard stones, mainly rocks or granite, into fine particles, which is then washed and finely …
M Sand – Vijay Raja Mines and Minerals – VRMM
We are manufacturing high quality M Sand and P Sand by using VSI (Vertical Shaft Impact) technology. Our plant is completely automated with the production capacity of 350 per day. M-sand: produced by propel …
M Sand
Incepted in the year 2022, "Tumkur Sands is distinguished Manufacturer offering an enormous consignment of Double Washed M Sand, P Sand, Construction Aggregates, etc. Tumkur Sands Pandithanahalli, Tumakuru SY No.9, Urdigere Hobli, Maranayakana Palya, Behind Siddaganga Math Road, Pandithanahalli,, Pandithanahalli, Tumakuru - 572104, …
M/S. Nicholas Piramal India Ltd vs Commnr. Of Central Excise…
3. The appellant - assessee is engaged in the manufacture of Vitamin A in a finished and marketable form. These are cleared on payment of applicable excise duties under Heading 29.36 of the Schedule to the Central Excise Tariff Act, 1985. The assessee is also engaged in the manufacture of animal feed supplements with the brand name `Rovimix ...
Process of injecting raw-materials into aerosol cans doesn't …
The appellant contends that where the activity undertaken by the job worker amounts to manufacture, it discharges the applicable excise duty on the said goods in the capacity of the principal manufacturer, but in cases where the process undertaken by the job worker does not amount to manufacture, excise duty is not paid and in such cases, …
What is M Sand? – Source, Properties & Advantages
M sand for concrete – The particle size above 4.75 mm will be used only for concrete as per IS code 383. P Sand – This type of sand is mainly used for plastering work in which …
Taxability of 'Ready Mix Concrete' & 'Concrete Mix' under Excise …
The term "process amounting to manufacture or production of goods" under section 65B(40) means "a process on which duties of excise are leviable under section 3 of the Central Excise Act, 1944 or any process amounting to manufacture of alcoholic liquors for human consumption, opium, Indian hemp and other narcotic drugs and narcotics on ...
M-Sand Properties
Nov 29, 2018 / By System Admin / in Fine Aggregates. Manufactured sand / M-Sand is a fine aggregate, which is an Eco-friendly and economical alternative to river sand. It is …
Doctrine of Revenue Neutrality Applicable when Assessee …
In M/s. Sanvijay Rolling & Engineering Ltd, the Bombay High Court held that the doctrine of revenue neutrality is applicable when the assessee does not reverse cenvat credit on inputs and the sister concerns of the assessee are also eligible to …
Welcome to Excise Duty
Manufacture implies a change but every change is not manufacture. A new & different article must emerge having a distinctive name, character or use. There is a concept of deemed manufacture, in this two conditions are there. a. Process specified as amounting to manufacturing in central excise tariff. So, there are various processes in …
Excise
Manufacturing of which goods requires an excise license? Alcohol / Liquor / Todi; Tobacco / Cigarette; Vehicle / Playing Cards / Mahjong Tiles; How do I apply for a license to manufacture and warehouse goods. Submit an application letter together with 2 copies of form JKED and supporting documents to the nearest customs office.
26 CFR Part 48 -- Manufacturers and Retailers Excise Taxes
Special Provisions Applicable to Manufacturers Taxes: 48.4216(a)-1 – 48.4219-1 § 48.4216(a)-1: Charges to be included in sale price. § 48.4216(a)-2: Exclusions from sale price. ... For purposes of this part, the manufacturers excise tax generally attaches when the title to the article sold passes from the manufacturer to a purchaser, ...
Excise Tax | PDF | Taxes | Excise
Excise tax is imposed on certain goods and services in addition to VAT. It is collected at the point of production, importation, or sale depending on the product. Excise tax aims to both raise revenue and regulate consumption of goods like alcohol, tobacco, and petroleum products that are subject to "sin taxes", as well as luxury items. It applies a specific tax …
Medicinal and Toilet preparations act, 1955 and Rules
A Spirit Store; A room for the manufacture of medicinal preparations; One or more rooms for the storage of finished medicinal preparations – The manufacture and sale in a non- bonded lab should be conducted between sunrise and sunset only and on days as fixed by the excise commissioner for the purpose. – There should be only one …
What are Excisable Goods
As per charging section 3 of the Central Excise Act, 1944, excise duty is levied on all excisable goods which are produced or manufactured in India. However, as per rule 5 of the Central Excise Rules, 2002, the rate of duty applicable to any excisable goods is the rate in force on the date when such goods are removed from the factory. In the …
Excise not leviable on scrap not emerging due to a process of manufacture
Excise duty is an incident on manufacturer. The onus to show a particular goods emerged due to manufacture is on the Revenue. The Apex Court held that coal ash (cinder) was not liable to Excise duty. 6. In the present case, we note that the various goods on which the Revenue seeks to collect Excise duty are all, admittedly, products ...