Basic Excise.
This query is : Resolved
19 December 2008
Sir,i Wanna know what basicaly Excise Duty is ????
Can you give reference of some good sites where i can know it from basic.
Can you give reference of some good sites where i can know it from basic.
19 December 2008
www.cbec.gov.in
20 December 2008
Basic Excise Duty is the duty of excise as specified in first & second schedule to Central Excise Tariff Act (CETA), 1944.
CETA is an Act which classifies goods into various sections/chapters/headings/subheadings...
Format of CETA is
Section..
Chapter..
Heading..
Subheading..
Each article is defined in CETA in a code of 8 digits
First 2 defines the section
3rd & 4th defines Chapter
5th & 6th defines Heading
7th & 8th defines Sub-heading
The rate of duty specified in front of article of 8 digit code is the basic excise duty.
For more details, please refer any good excise book or visit www.cbec.gov.in
CETA is an Act which classifies goods into various sections/chapters/headings/subheadings...
Format of CETA is
Section..
Chapter..
Heading..
Subheading..
Each article is defined in CETA in a code of 8 digits
First 2 defines the section
3rd & 4th defines Chapter
5th & 6th defines Heading
7th & 8th defines Sub-heading
The rate of duty specified in front of article of 8 digit code is the basic excise duty.
For more details, please refer any good excise book or visit www.cbec.gov.in
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
