Central excise interest rate chart year wise

This is one of highest increase in the rates of interest ever. In Central Excise the notification no. No. 6/2011-Central Excise (N.T.) dt. 01.03.2011 has brought an amendment for the purpose of the section 11AB of the Central Excise Act, 1944 by fixing the interest rate at 18% p.a.

Central Excise Rates: Central Excise rates are determined by the Ministry of Finance, with rates changing during budgets. These rates are a reflection of economic trends in the country and are generally designed keeping in mind multiple requirements. Central Excise Duty rates were increased from 12.36% to 12.50% during the annual budget session Useful Charts 21 for Tax Compliance June, 2015 Gujarat Edition CA. Amish Khandhar, Ahmedabad CA. Dinesh Kumar Tejwani, Mumbai For Financial Year 2015-16 Covering: Income Tax Companies Act Service Tax GVAT PF - ESIC Excise TDS/TCS Rates 6th Edition Specific rates of Basic Excise Duty on petrol, diesel, cement, cigarettes & other tobacco products (other than biris) are also being suitably changed. In this regard, the First Schedule to the Central Excise Tariff Act, 1985 as amended by Clause 104 of the Finance Bill, 2015 refers. [Notification No. 8 /2003-Central Excise dated 1.3.2003 as amended by Notification No. 15 /2012-Central Excise dated 17.03.2012 refers]. 71.7 Excise duty rate is being increased on the DTA [Domestic Tariff Area] clearances of plain gold jewellery manufactured by an EOU (Export Oriented Units) from 5% ad-valorem to 10% ad valorem. [S.

Month-wise Yield from Central Excise Duties in India (April 1990 to June 1991 and April 1994 to December 2013) - Part II; Revenue Collection from Central Excise and Customs Duties on Petroleum Products in India (2000-2001 to 2013-2014-upto December 2013) Central Excise and Custom Duty Rate on Cigarettes in India (2008-2009 to 2011-2012)

CENTRAL EXCISE – TARIFF (Central Excise Tariff Act, 1985) GENERAL - PROPOSALS INVOLVING CHANGES IN RATES OF DUTY 1.The effective rate of excise duty of 10% on non-petroleum products is being increased to 12% with a few exceptions where exemptions/concessions have been given. This is one of highest increase in the rates of interest ever. In Central Excise the notification no. No. 6/2011-Central Excise (N.T.) dt. 01.03.2011 has brought an amendment for the purpose of the section 11AB of the Central Excise Act, 1944 by fixing the interest rate at 18% p.a. EXCISE TARIFF CHANGES Notific ation Sr. No. Chapter/ Tariff Heading Existing Description of goods / Existing Provision New Description of goods (if applicable) / Existing Provision Existing Duty Rate New Duty Rate Effective Date Notification No. and Date Remark 1 21069020 Pan Masala (not containing tobacco) Pan masala (not Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent Notification No. 3/2020-Central Excise Seeks to amend notification No. 05/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Special Additional Excise Duty (SAED) on petrol and diesel by Rs. 2 per litre. Date: 13-03-2020 Notification No. 4/2020-Central Excise

(General Explanatory Notes to the First Schedule to the Central Excise Tariff Appendix-V : Assessment on the basis of MRP (abatement as a percentage of Yearwise index of main notifications in force as on 30.06.2016 (Central Exicise)

CENTRAL EXCISE – TARIFF (Central Excise Tariff Act, 1985) GENERAL - PROPOSALS INVOLVING CHANGES IN RATES OF DUTY 1.The effective rate of excise duty of 10% on non-petroleum products is being increased to 12% with a few exceptions where exemptions/concessions have been given. EarlierInterest on Late payment of excise duty was 18%Now (From 1/3/2016)Interest payable on delayed payment of excise duty has been reduced from 18% to 15% central excise duty rate year wise, Income Tax, Goods and services Tax, GST, Service Tax, Central Excise, Custom, Wealth Tax, Foreign Exchange Management, FEMA, Delhi Month-wise Yield from Central Excise Duties in India (April 1990 to June 1991 and April 1994 to December 2013) - Part II; Revenue Collection from Central Excise and Customs Duties on Petroleum Products in India (2000-2001 to 2013-2014-upto December 2013) Central Excise and Custom Duty Rate on Cigarettes in India (2008-2009 to 2011-2012) Central Excise Rates: Central Excise rates are determined by the Ministry of Finance, with rates changing during budgets. These rates are a reflection of economic trends in the country and are generally designed keeping in mind multiple requirements. Central Excise Duty rates were increased from 12.36% to 12.50% during the annual budget session Useful Charts 21 for Tax Compliance June, 2015 Gujarat Edition CA. Amish Khandhar, Ahmedabad CA. Dinesh Kumar Tejwani, Mumbai For Financial Year 2015-16 Covering: Income Tax Companies Act Service Tax GVAT PF - ESIC Excise TDS/TCS Rates 6th Edition

It would not be out of place here to mention that the Union Budget, 2016 has rationalised interest rates on delayed payment of duty/taxes across all Indirect taxes viz. Service tax, Excise and Customs and made it uniform at 15% per annum, except in case of Service tax collected but not deposited with the Central Government, in which case, the

Oct 19, 2016 Can anyone please provide year wise interest rate of Central Excise on delayed payment from 2010 - Excise. Selected State-wise Net Proceeds of Union Excise Duty in India (2017-2018 to 2020-2021) · Selected State-wise Net Proceeds of Customs in India (2017-2018   Interest on delayed payment of duty of the act, Central Excise Act, 1944. the duty, interest at such rate not below ten per cent and not exceeding thirty per cent  

EarlierInterest on Late payment of excise duty was 18%Now (From 1/3/2016)Interest payable on delayed payment of excise duty has been reduced from 18% to 15%

May 10, 2016 Whether applicable rate of interest for delayed payment under Section 11AA of the Central Excise Act, 1944 is the one prevalent during period(s) of delay? 2. Related Assessment Year : CA Bimal Jain. CA Bimal Jain We are  Mar 1, 2016 CBEC vide Notification No. 15/2016-Central Excise (N.T), Dated: March 1, 2016 has provided that w.e.f. 1st April 2016 for delay in payment of  Central Board of Indirect Taxes and Customs, Government of India 1 Nation Tax Know Your Jurisdiction · GST Rate Finder - Android Apps on Google Play  Oct 19, 2016 Can anyone please provide year wise interest rate of Central Excise on delayed payment from 2010 - Excise. Selected State-wise Net Proceeds of Union Excise Duty in India (2017-2018 to 2020-2021) · Selected State-wise Net Proceeds of Customs in India (2017-2018   Interest on delayed payment of duty of the act, Central Excise Act, 1944. the duty, interest at such rate not below ten per cent and not exceeding thirty per cent   (General Explanatory Notes to the First Schedule to the Central Excise Tariff Appendix-V : Assessment on the basis of MRP (abatement as a percentage of Yearwise index of main notifications in force as on 30.06.2016 (Central Exicise)

Useful Charts 21 for Tax Compliance June, 2015 Gujarat Edition CA. Amish Khandhar, Ahmedabad CA. Dinesh Kumar Tejwani, Mumbai For Financial Year 2015-16 Covering: Income Tax Companies Act Service Tax GVAT PF - ESIC Excise TDS/TCS Rates 6th Edition CENTRAL EXCISE – TARIFF (Central Excise Tariff Act, 1985) GENERAL - PROPOSALS INVOLVING CHANGES IN RATES OF DUTY 1.The effective rate of excise duty of 10% on non-petroleum products is being increased to 12% with a few exceptions where exemptions/concessions have been given. This is one of highest increase in the rates of interest ever. In Central Excise the notification no. No. 6/2011-Central Excise (N.T.) dt. 01.03.2011 has brought an amendment for the purpose of the section 11AB of the Central Excise Act, 1944 by fixing the interest rate at 18% p.a. EXCISE TARIFF CHANGES Notific ation Sr. No. Chapter/ Tariff Heading Existing Description of goods / Existing Provision New Description of goods (if applicable) / Existing Provision Existing Duty Rate New Duty Rate Effective Date Notification No. and Date Remark 1 21069020 Pan Masala (not containing tobacco) Pan masala (not Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs & Central Excise duties and Service Tax, prevention of smuggling and administration of matters relating to Customs, Central Excise, Service Tax and Narcotics to the extent Notification No. 3/2020-Central Excise Seeks to amend notification No. 05/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Special Additional Excise Duty (SAED) on petrol and diesel by Rs. 2 per litre. Date: 13-03-2020 Notification No. 4/2020-Central Excise