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New Budget For Excise Duty On Rolling Mills

Steel Mills To Go On Strike | Business Standard News

The All-India Steel Re-rollers Association (AISRA) has called an indefinite nationwide strike from August 1 to protest against the hike in excise duty. Anil Suri, general secretary of yesterday said that if the government failed to accept the demand for lowering the excise duty by July 31, all the 2,600 re-rolling mills would launch an ...

tariff code of ball mill in capital goods in cental excise

new budget for excise duty on rolling mills. tariff code of ball mill in capital goods in cental excise. tariff code of ball mill in capital goods in cental excise Ball mills are used primary for single stage fine grinding regrinding and as the second stage in two stage grinding circuits According to the need of customers ball mill .

M/S. SHREE BHAGWATI STEEL ROLLING MILLS versus ...

The above provision was inserted in the Act by Finance Act 2 of 1997 with effect from 1.9.1997. The said provision provided for levy of excise duty by determining capacity of production of notified goods as against levy of excise duty on value of goods under section 3 of the Act. The provision was later omitted w.e.f 11.5.2001 by Finance Act 2001.

Shree Bhagwati Steel Rolling Mills… v. Commissioner Of ...

(5) Where the Central Excise Officer not below the rank of Joint Commissioner of Central Excise determines the actual production under sub-section (4). the amount of duty already paid, if any, shall be adjusted against the duty so redeterrruned and if the duty already paid falls short of, or is in excess of, the duty so redetermined, the ...

ReRoll: Latest News & Videos, Photos about ReRoll | The ...

Nov 13, 2016· ReRoll Latest Breaking News, Pictures, Videos, and Special Reports from The Economic Times. ... Steel Ministry to prepare green manual for re-rolling mills 07 Jan, 2008, 03.03 PM IST ... 2011, 05.42 PM IST. Steel makers in Punjab has termed the excise duty demand raised by the central excise department as unjustified. CII suggests measures to ...

Gopal Mills vs Commissioner Of Central Excise, ... on 5 ...

Under Section 3A of the Central Excise Act they have to discharge their liability to pay duty in accordance with the provisions of Section 3A of the Act read with Hot Re-rolling Mills Annual Capacity Determination Rules, 1997 and Rule 96ZP of the Central Excise Rules, 1944, They do not have any option not to work under the Compounded Levy Scheme.

Metal-rolling mills and rolls therefor Central Excise Duty ...

Sep 01, 2020· Metal-rolling mills and rolls therefor Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.

Rs 100 cr central excise duty evasion unearthed in New ...

The Revenue Department on Monday said a major case of central excise duty evasion estimated at Rs 100 crore has been detected and two Mandi Gobindgarh based dealers have been booked in this ...

Steel makers cry foul over tax claim by central excise dept

According to CISPA, the department has raised excise duty demand over Rs 5 crore by issuing notices to several steel rolling mills in Punjab after auditing their accounts.

Commnr. Of Central Excise, ... vs M/S. Doaba Steel Rolling ...

8. The respondent-assessee is engaged in the manufacture of hot re-rolled steel products of non-alloy steel in a hot steel rolling mill, classifiable under Chapter 72 of the Central Excise Tariff Act, 1944, for the purpose of levy of Excise duty etc. On 5th January, 1998 the Commissioner, Central Excise, Chandigarh determined the annual ...

Duty increase in Compound Levy - CAclubindia

Mar 29, 2013· Budget, 2011 has brought the excise duty on the utensils @ 1% under Notification no. 1/2011-CE dated 1.3.2011 on the condition that no credit is availed. Also an option was given in this budget to pay the excise duty on utensils @ 5% under Notification no. 2/2011-CE dated 1.3.2011 alongwith the facility of Cenvat credit.

Can trader send raw material for jobwork

Dec 30, 2012· 06 January 2013 The job work is treated as manufacturing and if you ar in the braket of limit applicable for payment of Excise Duty then Excise Duty is applicable. Why it is so, if the trader purchases finished product from the rolling mill it is Excise Paid but if all the traders supply the rawmaterial to rolling mills for job work then the Govt will never get any Excise duty so all job works ...

Hans Steel Rolling Mill v. Commissioner Of Central Excise ...

Mar 10, 2011· Under the scheme of Section 3-A, the payment of duty is to be under Rule 96-ZP of the Central Excise Rules. 4. The 1997 Rules were introduced by Notification No. 32/97-CE (NT) dated 1-8-1997, wherein the manner and procedure for determination of annual capacity of rolling mill …

BARIJORIWALA'S ROLLING MILLS PVT. LTD. Vs. THE …

BARIJORIWALA'S ROLLING MILLS PVT. LTD. Vs. THE COMMISSIONER Judgment Dated 02-12-2014 of high court of rajasthan, jaipur bench having citation (2015) 316 ELT 9 (RAJ), include bench Judge Sunil Ambwani, Acting C.J.; J.K. Ranka, J having Advocates For Petitioner : Ashok Mehta, Senior Counsel assisted by Devendra Sharma, Advocate for the Appellant

Kartar Rolling Mills v. Commissioner Of Central Excise ...

3. The appellants were manufacturing hot rolled untrimmed sheets/circles of copper and copper alloys falling under Chapter Heading No. 74.09 of the Schedule to the Central Excise Tariff Act, 1985. The appellants were holding a Central excise registration certificate and were clearing the goods on payment of Central excise duty till 28-2-1994.

HOT RE-ROLLING STEEL MILLS ANNUAL CAPACITY …

mill drive of the finishing mill excluding any pinch roll. Such a pinch roll is not a finishing stand. (4) the Commissioner of Central Excise shall, as soon as may be, after determining the total capacity of the hot re-rolling mill installed in the factory as also the annual capacity of production, by an order, intimate to the manufacturer.

Product to be capable of being marketed as such to be ...

The assessee, dealing with several similar manufacturing units who paid excise duty on identical processes, and doing job work on their behalf would have obviously known that excise registration was required for the cold rolling mills in its factory for the purpose of manufacturing cold-rolled pattas/pattis.

Central Excise Duty Rate - Budget 2009 - Blogger

Jul 07, 2009· 27.1 Basic excise duty on motor spirit commonly known as petrol intended for sale with abrand name is being converted from '6% + Rs 5 per litre' to a specific rate of Rs 6.50 perlitre. Consequently petrol intended for sale with a brand name will attract total excise duty ofRs. 14.50 per litre. [S.7 of the Notification No. 4/2006-CE dated the 1st March 2006 asamended vide notification ...

Section 11A of the Central Excise Act, 1944 - Taxation

Under the scheme of Section 3A, the payment of duty to be under Rule 96ZP of the Central Excise Rules. The Hot-Re-rolling Steel Mills Annual Capacity Determination Rules, 1997 were introduced by notification no. 32/97-CE (NT) dated 01.08.1997, wherein the manner and procedure for determination of annual capacity of rolling mill was provided.

Ship-breaking picks up pace at Gadani - DAWN.COM

Fearing re-imposition of customs duty and sales tax in the new budget importers are trying hard to bring in as many vessels as they can before the end of current fiscal year on June 30.

Time Limit u/s 11B not applies to Excise Duty Paid Twice ...

(iii) In case of Partap Steel Rolling Mills Ltd. v. CC 2006 (200) ELT 255 (Tri – Delhi) 6.2 Counsel also relied on a recent decision of a Division Bench of this court in the case of C.C. Patel & Associates (P.) Ltd. v. Union of India [2012] 26 taxmann.com 130 wherein in the context of refund of service tax wrongly paid to the petitioner ...

84553000 - Rolls for rolling mills Central Excise Duty and ...

84553000 - Rolls for rolling mills Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.

84553000 - Rolls for rolling mills Central Excise Duty and ...

Sep 22, 2020· 84553000 - Rolls for rolling mills Search updated Central Excise Duty and Tariff of Years 2009, 2008, 2007 and 2006. Details of Modvat and cenvat.

Federal Budget 2018-19: Immense relief measures proposed ...

ISLAMABAD: The Federal Government, Friday, announced a large number of relief measures in sales tax, federal excise duty, income tax and others in the federal budget for the fiscal year 2018-19.

Ship-breaking picks up pace at Gadani - DAWN.COM

May 19, 2009· Fearing re-imposition of customs duty and sales tax in the new budget importers are trying hard to bring in as many vessels as they can before the end of current fiscal year on June 30.

new budget for excise duty on rolling mills

New Budget For Excise Duty On Rolling Mills. UNION BUDGET Мб. In the budget 2012, excise duty on automobile chassis was increased to 14% which needs to be reduced to 13% in case of chasis for tippers and normal load for wind mills are custom made and designed to take very heavy load.

COMMISSIONER OF CENTRAL EXCISE, CHANDIGARH

the sectors, like induction furnaces, steel re-rolling mills etc., where evasion of Excise duty on goods produced in such mills was rampant. The provision authorises the Central Government to notify certain goods, for levy and collection of duty of Excise on such goods, in accordance with the provision

Re Rolling Mill Project Report In Pakistan - Global ...

Re Rolling Mill Project Report In Pakistan. The rk steel rerolling mills established in 1976 in the federal capital territory of islamabad happens to be one of the pioneers and single largest steel manufacturing concern in the whole northern punjab and in areas of khyberpukhtunkhwa gilgitbaltistan and …

Central Excise Policy For Mini Cement Plant

New Budget 2008 Changes In Central Excise Duty Cement Excise duty has been revised on bulk cement from Rs.400 per tonne to 14 or Rs. 400 per tonne whichever is higher. However there is no change in the rates of duty applicable to cement manufactured and cleared in bulk by mini-cement plants. 9.2 Excise duty has been increased on cement clinkers ...

List of all new budget taxes you'll now pay

Excise Duties 1. Imported private motor vehicles of engine capacity not exceeding 2500, shall attract excise duty of 30% 2. Those exceeding 2500 and not exceeding 3000, shall attract 35%. This is up from the current 20%. Money transfers 1. 0.05% for every 50,000K transferred. 2. Mobile phone transfers- excise duty rate of 20% up from 10% 3.

new budget for excise duty on rolling mills

new budget for excise duty on rolling mills. new budget for excise duty on rolling mills. Fill in this form or click the service online, all questions will be answered. The alliance is to capitalize on a new excise duty exemption being granted to domestic steel companies supplying to hydro power projects.