Central Excise Circulars 2002

Government grants full service tax exemption on taxable services provided to a Goods Transport Agency by their sub-contractors-Service Tax Notification No.1 Transporters strike hampers movement of cargo Daiichi to book an extra ordinary loss of 3.9 Billion Dollars arising from its acquisition of Ranbaxy Government releases Rs. 600 crore to regional authorities of DGFT for payment of pending claims of Terminal Excise Duty and Duty Drawback under deemed export scheme-Government also releases Rs. 200 crore to the Development Commissioners of SEZs for payment towards pending claims of CST in respect of supplies made to 100% EOUs Mobile Companies directed to freeze Cellphones without IMEI numbers Sensex hits 10275 Points Omar Abdullah sworn in as Chief Minister of J & K Farooq Abdullah offered Cabinet Ministership in Centre Anti-dumping duty on import of acrylonitrile butadiene rubber (NBR) originating in, or exported from, Korea RP -Customs Tariff Notification No.1 Changes in Customs duty on specified goods-Customs Tariff Notification No.2 New Drawback Rates for Boots/half boots/shoes/sandals of leather-cum synthetic/textile materials-Customs Non-Tariff Notification No.1 Drawback Rates on several products hiked-Customs Non-Tariff Notification No.2 Government announces Second Economic Stimulus Package to boost recession hit Sectors-Exemptions from CVD on TMT bars and structurals, and from CVD and Special CVD on cement, withdrawn-Full exemption from basic customs duty on zinc and ferro alloys, withdrawn-Government restores DEPB rates to those prevailing prior to November 2008- DEPB Scheme extended till 31.12.2009-Duty drawback benefits on certain items including knitted fabrics, bicycles, agricultural hand tools and specified categories of yarn enhanced retrospectively from 1st September 2008-Accelerated depreciation of 50% provided for commercial vehicles to be purchased on or after 1.1.2009 upto 31.03.09-Click on the link below for details Home Loan Rates, Auto Loan Rates & Retail Loan Rates set to be lowered as RBI cuts Repo Rate by 100 BPS to 5.5 per cent and Reverse Repo Rate by 100 BPS to 4 percent with immediate effect -CRR also cut by 50 BPS to 5 per cent from 17th Jan-Banks get Rs 20000 Crore of liquidity CENVAT Credit of service tax paid on all input services up to the Port allowed to Exporters-Click on the link below for details As demanded by AIT; FinMin finally amends CENVAT Credit Rules to allow benefit of non-reversal of Credit on clearances to SEZ Developers-Central Excise Non-Tariff Notification No.50-Click on the lik below for details Anti-dumping duty on import of Flexible Slabstock Polyol, originating in, or exported from, the People's Republic of China, Republic of Korea, Chinese Taipei and Brazil continued till 23rd July, 2009-Customs Tariff Notification No.138 Tariff Value for import of Brass Scrap is 3252 and for Poppy Seeds 4238-Customs Non-Tariff Notification No. 141 Exchange Rate for imported goods is Rs 48.20 Per US Dollar and Rs 68 Per EURO-Exchange Rate for export goods is Rs 47.40 Per US Dollar and Rs 66.35 Per EURO-Customs Non-Tariff Notification No. 140 Import of new vehicles having an FOB value of US $ 40,000 or more and engine capacity of more than 3000cc for petrol run vehicle and more than 2500cc for diesel run vehicles exempted from policy provision of Import Licensing Note No. 2-DGFT Notification No.74 CBEC clarifies the classification of 'Combined refrigerator freezer with separate external doors' would be under sub- heading 8418 10 and not under 8418 21-Customs Circular No.23 Procedure relating to sanction and pre-audit of refund claims-Customs Circular No.22 Anti-dumping duty imposed on imports of Sodium Hydroxide(Caustic Soda)originating in, or exported from, Korea ROK and the People's Republic of China-Customs Tariff Notification No.137 export of Staples in Strips entitled for Focus Product Scheme benefits on exports made w.e.f 1.4.2008-DGFT PN 120 export of specified products destined to specified linked markets entitled to benefit under Focus Product scheme for exports made w.e.f 1.4.2008-DGFT PN 121 Abatement from MRP for payment of excise duty lowered by 3 per cent on most of the products-Abatement on Auto Parts lowered to 30 per cent-Central Excise Non-Tariff Notification No. 49 excise duty of 300 PMT notified on cement clinkers-Central Excise Tariff Notification No.64 10% ethanol blended petrol exempted from excise duty Duty free import of capital goods and spare parts under EPCG-Customs Tariff Notification No.136 Anti-dumping duty on import of phenol-Customs Tariff Notification No.135 Authority for Advance Ruling rules looking at the nature of activities carried on or to be carried on by the liaison office of Ikea Trading (Hong Kong) Ltd. in India, no income would accrue or arise or deemed to accrue or arise in India in terms of section 5(2)(b) of Income Tax Act, 1961-AIT-2008-482-AAR Authority for Advance Ruling rules the swapping premium is profit derived from the business of providing long-term finance (computed under the head 'Profits & Gains of Business or Profession' before making any deduction under this clause) in terms of section 36(1)(viii) of the Income Tax Act, 1961-specified percentage thereof is eligible for deduction u/s 36(1)(viii) of the Income Tax Act in view of the fulfillment of condition for carrying this sum to the special reserve-AIT-2008-483-AAR HC rules to arrive at book profit we see no reason why current year's depreciation even though, not charged, to the profit and loss account though disclosed in the notes appended to the accounts cannot be deducted from the "net profit" In determining "book profit" for the purposes of Section 115J of the Act-assessee is entitled to seek deduction of current year depreciation from net profit to arrive at the "book profit" even though it is not charged to the profit and loss account, though disclosed in the notes appended to the accounts-AIT-2008-484-HC Definition of 'Charitable purpose' under section 2(15) of the Income-tax Act-Income Tax Circular No.11 Import of Trucks/Tippers/Dumpers and spares thereof, under EPCG Scheme by any other sector except for the mining sector is not permitted-DGFT Circular No. 48 transitional arrangements in respect of items whose import has been restricted, shall continue-DGFT Circular No.49 SION norms for export of Shea Stearine notified-DGFT PN 118 The appellant an international firm of solicitors resident in UK, has no office or fixed base in India-the income of the assessee is charged on hourly basis in India and utilised in India shall only be chargeable to Income-Tax Act as disclosed in the return of Income-AIT-2008-480-HC CBDT clarifies that any return of income for the assessment year 2008-09 filed electronically on 30th September 2008, in respect of which the electronic acknowledgement bears the date stamp of 1st October 2008, shall be treated as having been filed within the due date, i.e. 30th September 2008 Export of cement freely allowed from all Ports-DGFT Notification No. 73 Bombay HC rules it is only after enactment of Section 66-A w.e.f. 18.4.2006 that taxable services received from abroad by a person belonging to India are taxed in the hands of the Indian residents- In such cases, the Indian recipient of the taxable services is deemed to be a service provider-Before enactment of Section 66-A, there was no such provision in the Act and therefore, Union of India had no authority to levy service tax-Click on the link below for details Import of all pre-packaged commodities subjected to compliance of all the provisions of the Standards of Weights and Measures (Packaged Commodities) Rules, 1977-Customs Circular No.21 Larger Bench of CESTAT rules in the case of provisional assessment under the Central Excise Rules, 2002 interest is required to be paid from the first day of the month succeeding the month for which such amount is determined-Interest is required to be paid even if the differential amount is paid before the order, under the Rule 7(3) of the said Rules, is issued finalizing the assessment-AIT-2008-473-CESTAT

JUDGMENTS

CENTRAL EXCISE

CUSTOMS

exchange rate

SERVICE TAX

INCOME TAX

VAT

FINANCE ACTS

FINANCE BILLS

EOU STPI

SEZ

DGFT

RBI

NTT

RESOURCES

Email | Print

Central Excise Circulars 2002

Circular
Subject
610/2002
Storage of non-duty paid goods outside the factory premises
611/2002
Classification/Excisability of Pesticides for the purpose of levy of excise duty
612/2002
Appeal against order passed by Commissioner (Appeals) - Proper authorisation by Commissioner
613/2002
Board’s Circular No.586/23/2001-CX dated 12.9.2001 – furnishing of security/surety by Merchant Exporters
614/2002
DTA sales by 100% EOUs – eligibility for the benefit of Notification No.8/97-CE dated 1.3.97
615/2002
Availment of accumulated MODVAT /CENVAT Credit on molasses for payment of duty on sugar.
616/2002
Classification of Shikakai Powder under Chapter 14 or Chapter 33 of CET Act.
617/2002
Central Excise (Removal of Goods at concessional rate of duty for manufacture of excisable goods) Rules, 2001 – difficulties faced
618/2002
Removal of goods by 100% EOU to DTA- Non-levy of duty under Section 3(1) of Central Excise Act, 1944.
619/2002
Valuation of goods manufactured on job-work
620/2002
Difficulties faced by SSI
621/2002
Refund of Central Excise duty to diplomatic missions
622/2002
Classification of flavoured tea
623/2002
Excisblity of Hot Asphalt Mix : A doubt has been raised regarding excisablity of Hot Asphalt Mix used in making roads.
624/2002
Availing of Modvat Credit as well as exemption under Small Scale Industries Exemption Notification
625/2002
Valuation of goods under Section 4A of the Central Excise Act, 1944
626/2002
Export warehousing –Extension of facility in Raigad District in Maharashtra and East Midnapore District in west Bengal
627/2002
Pre-audit/Post audit of refund/rebate claims
628/2002
Central Excise-Removal of cops/cones etc. under erstwhile Rule 96E for conversion into Hank Yaru-matter
629/2002
Closure of Banks on 31.3.2002 and collection of Central Excise duty
630/2002
Exports - furnishing of examination report
631/2002
Benefit of Notification No.8/97-CE-Issue of the Board Circular No.614/5/2002-CX dated 31.1.2002-Clarification
632/2002
Storage of duty paid goods belonging to another manufacturer in a warehouse-clarification thereon.
633/2002
Whether in absence of any specific penal provisions in Section 3(3) of the Additional Duties of Excise (Goods of a Special Importance) Act, 1957, the provisions relating to confiscation and imposition of penalty are applicable to man-made fabrics which are ‘excisable goods’ finding mention in Schedule to the Central Excise Tariff Act, 1985 though they are liable to additional duty of excise only ? - Gujarat High Court’s decision
634/2002
List of important CEGAT Orders favourable to the Department
635/2002
Bonds executed by manufacturer exporters with Maritime Commissioner
636/2002
Movement of petroleum products through pipeline – Determination of duty on interface quantity.
637/2002
Admissibility of CENVAT credit to inputs and capital goods used by the manufacturer outside the factory premises.
638/2002
Central Excise - Supply of LSD and HSD Oil to Research Vessel
639/2002
Section 4A of the Central Excise Act, 1944
640/2002

641/2002
Payment of NCCD on snuff exported under bond
642/2002
Export warehousing –Extension of facility in Kancheepuram District of Tamil Nadu
643/2002
Clarification of doubts under the new Valuation Rules
644/2002
Valuation of Computer Systems sold along with software - clarifications
645/2002
Admissibility of MODVAT/CENVAT credit on the input/capital goods which are written off being obsolete or unfit for use.
646/2002

647/2002

648/2002
Export by SSI Units – Simplified Export Procedure – Clarification
649/2002
Woven fabrics of cotton subjected to the process of open-air stentering by a textile processor
650/2002
Admissibility of MODVAT/CENVAT credit on inputs used in the manufacture of finished goods on which duty has been remitted.
651/2002
Cash recovery of money credit scheme- Applicability of Section 11D of the Central Excise Act, 1944
652/2002
Allotment of 15 digit PAN based Registration Numbers
653/2002
Classification of "Link Cartridge Metallic Belt" and "Charger"
654/2002
Availment of Cenvat/Modvat credit when common inputs are used for both dutiable and exempted products- Board’s circular No.591/28/2001-CX dated 16. 10.2001
655/2002
Retrospective application of Section 11 AB of the Central Excise Act, 1944.
656/2002
Drawl of the amount earlier credited to Consumer Welfare Fund – Expeditious disposal to prevent interest liability.
657/2002
Central Excise (Removal of Goods under Concessional Rate of Duty) Rules, 2001 - certain clarifications
658/2002
Classification of Chenille Fabrics
659/2002
Exemption from Customs and Central Excise Duty to Water Treatment Plants
660/2002

661/2002
Distribution of work amongst various sections of the CBEC
662/2002
Central Excise Registration-new instructions
663/2002
Accountal of Petroleum Products movements through pipelines without payment of duty
664/2002
Corrigendum
665/2002
Cenvat credit on Capital goods used in intermediate products exempt from duty under the new set of rules
666/2002
Exemption to parts of air conditioning machines
667/2002
Exemption from Central Excise Duty on Goods Manufactured from Duty Paid Goods
668/2002
Allotment of 15 digit PAN based Registration Numbers
669/2002
Corrigendum
670/2002
Non-payment of interest in refund/ rebate cases which are sanctioned beyond three months of filing
671/2002
Valuation- abatement in respect of set off on Sales Tax
672/2002

673/2002
Section 4A of the Central Excise Act, 1944.
674/2002
Raising of protective demands consequent to CERA objection- modification of circular 5/83-CX6 dated 10.3.83
675/2002

676/2002
Central Excise- Export Warehousing
677/2002

678/2002
Classification and dutiability of " thrust bearing assembly"
679/2002
Inclusion of interest on sales tax in the assessable value.
680/2002
Excise duty on woven textile fabrics manufactured by a composite mill or a manufacturer engaged in processing of fabrics along with weaving of fabrics in the same factory- Clarification
681/2002
Inclusion of PDI and cost of after sales services in the assessable value of the vehicle.
682/2002

683/2002
Diversion of credit taken on inputs for exempted products under the North-East notifications for payment of central excise duty on other products
684/2002
Issuance of Notification under Section 11C of Central Excise Act, 1944 – Enforcement of recovery of arrears/duties