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Guide to Central Excise Laws: Valuation Rules, Job Work, Appellate Remedies & More

Explore key aspects of Central Excise laws including valuation, job work, powers of officers, penalties, and procedural issues. Learn about exemptions, exports, and Cenvat credit protection. Stay informed on legal provisions and compliance requirements.

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Guide to Central Excise Laws: Valuation Rules, Job Work, Appellate Remedies & More

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  1. CENTRAL EXCISE bys.jaikumaradvocate

  2. MANUFACTURE • Section 2 (f) • Deemed 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 – Jobwork. • Rule 11 - Best judgement

  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

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