1 / 13

by s.jaikumar advocate

by s.jaikumar advocate. CENTRAL EXCISE. Manufacture. Section 2 (f). Deem manufacture. Third schedule. Valuation. Section 4 – Transaction Value. Section 4 & Valuation Rules. Rule 4 - Comparable goods. Rule 5 - Freight and Insurance. Rule 6 - Additional consideration.

baris
Download Presentation

by s.jaikumar advocate

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. bys.jaikumaradvocate CENTRAL EXCISE

  2. Manufacture • Section 2 (f) • Deem manufacture. • Third schedule.

  3. Valuation Section 4 – Transaction Value

  4. Section 4 & Valuation Rules • Rule 4 - Comparable goods. • Rule 5 - Freight and Insurance. • Rule 6 - Additional consideration. • Rule 7 - Depot clearance. • Rule 8 - Captive consumption. • Rule 9 - Related person. • Rule 10 - Interconnected undertaking. • Rule 10A – Job work. • Rule 11 - Best judgment

  5. Section 4 A • Weights and Measures. • OE Exemption. • Different MRP.

  6. Exports • Exports without payment of duty. • Exports under claim for rebate. • Protection of Cenvat Credit.

  7. Job Work • Excise vis-à-vis service tax. • Notification 214/86. • Rule 4 (5) (a) of CCR, 2004. • Protection of Cenvat Credit. • Valuation.

  8. Powers of C.Ex. Officers • Search & Seizure. • Summon. • Arrest. • Publication of names.

  9. Appellate / Other Remedies • Commissioner (Appeals). • CESTAT. • Settlement Commission. • Pre deposit. • Compounding.

  10. Penal Measures • Various penalties. • Provisional attachment of property. • Prosecution.

  11. LTU • Transfer of inputs. • Transfer of Credit. • Transfer of manufactured goods.

  12. Certain Procedural Issues • Self-assessment. • Provisional assessment. • Due date for payment of duty. • Consequences of delayed payment. • Filing of returns. ER 1/ ER 4 / ER 5 /ER 6 / ER 7. • Supplementary invoices.

  13. THANKS

More Related