What is Section 11A?

Section 11A. Recovery of duties not levied or not paid or short-levied or short-paid or erroneously refunded. –

Is Central Excise Act 1944 repealed?

CENTRAL EXCISE ACT, 1944 (REPEALED)

What is Central Excise and Salt Act 1944?

The Central Excises And Salt Act, 1944. ACT No. 1 OF 1944 [ 24th February, 1944.] An Act to consolidate and amend the law relating to Central duties of excise and to salt.

What is short levy and short payment?

Section 11A deals with excise duty levied or has been short-levied or short-paid. Such short-levy or non-levy may be on the basis of any approval/assessment relating to the rate of duty on excisable goods.

What are the excisable goods?

The term ‘excisable goods’ means the goods which are specified in the first schedule and the second schedule to the Central Excise Tariff Act, 1985, as being subject to a duty of excise and includes salt.

What is the scope for central excise law?

Allocation of sources between centre and states under the constitution of India grants to the Central Government power to impose “Duties of excise on tobacco and other goods manufactured or produced in India, except alcoholic liquors for human consumption, opium, narcotics, but including medical and toilet preparations …

What is an excisable good?

“Excisable goods” means goods in respect of which excise duty is imposed by the Parliament, and includes goods the subject of an Excise Tariff or Excise Tariff alteration proposed in the Parliament.

What is central excise law?

Under the Central Excise Act, 1944, all excisable goods that are manufactured or produced in India shall carry a central excise duty known as CENVAT. This tax is also known as Central Value Added Tax (CENVAT) and is levied on the manufacture or retail of goods or products.

Who can order valuation audit under 14A?

the excise officer
Valuation Audit [section 14A] · Valuation audit can be ordered at any stage of enquiry, investigation or any other proceedings by the excise officer, if he is of the opinion that the value has not been correctly declared or determined by the manufacturer.

How can you clear the goods under excise act?

after informing the proper officer in writing at least seven days in advance the quantity of such goods and the date on which he proposes to destroy them and after observing such conditions as may be prescribed by the Commissioner by general or special order, destroy such goods where the duty payable thereon has been …

Who is liable to pay excise duty under Central Excise rules?

Ans: The term “Excisable Goods” means the goods which are specified in the first Schedule and the second schedule to the Central Excise Tariff Act, 1985 as being subject to Excise Duty. 6. Who is liable to pay Excise Duty? Ans: The manufacturer or the producer of goods is liable to pay Excise Duty.

What is difference between Modvat and Cenvat?

CENVAT is an adaptation of VAT, which came into force in the country in 1986 in the form of MODVAT (Modified Value Added Tax). Today, MODVAT isn’t used as a term and CENVAT is the tax charged by the Central government on products or services at different levels of manufacture.