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We are Central Excise Registration Consultants in Delhi/ NCR. We provide all Chartered Accountants Services & Central Excise Registration Services in Delhi and other major cities in India.
For any information / query regarding Central Excise Registration Services, Contact Us
What is Excise Duty?
Excise duty is a tax which is charged on Manufacturer / Production of goods as well as from Importers of some specified Goods. Excise Duty is generally recognized as:-
The Central Excise Law & Procedures essentially embody Central Excise Act, 1944, Central Excise Rules, 2002, Cenvat Credit Rules 2004, Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000, Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001, Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008, Central Excise (Compounding of Offenses) Rules, 2005, Central Excise (Appeals) Rules, 2001, CESTAT (Procedure) Rules, 1982 and Notifications issued under Central Excise Act, 1944 and the Rules made thereunder.
What is Excise Duty?
Every Business which is planning to start a manufacturing unit or planning to import any item from abroad ,need to consult about the excise duty implication on that particulars product. It is always advisable to be certain about the tax implication and its compliance.
For Example the If you want to set a manufacturing plant confirm the duty liability under Central as well as State Excise well in advance before starting the activity.
Factor Excise tax before you start a manufacturing unit.
As mentioned above it is utmost important to factor the excise tax impact due to:-
Exemption for Small Scale Industry
Considering the importance and for its promotion small scale industries are exempted from paying of excise duty.Any Manufacturing unit which has a turnover of less than 1.5 Cr is exempt from payment of Excise duty.
Separate enlistment is needed in admiration of divided premises (production line, warehouse, goodown and so forth.) aside from in situations where two or more premises are really piece of the same plant (where procedures are between interfaced) yet are isolated by open street, channel or track line. On account of materials, a solitary enlistment will accomplish for all premises recorded in that. Further, a few producers owning apparatus, (for example, force looms) under a typical shed or in as something to be shared premises will be dealt with as a different manufacturing plant each for their particular hardware and there will be no clubbing of their generation/freedom.
Types Of Excise Registration :
When Excise is chargeable?
Excise is an event based taxes, and taxes is charged once goods are exit from gate of manufacturing plant. The invoice is made on gate pass basis
When Excise registration Process?
Excise Registration Procedure/ Process:
What is the compliance under Excise?
|Maintenance of Central Excise Records||Filing of Periodical Returns|
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Thank you very much for all your help in setting up my new company and clearing up all outstanding business in my sole trader accounts. For the first time in years I have peace of mind regards my business accounts. Your workforce are a credit to you, the girls at reception are so helpful and Chris has been brilliant. It is very much appreciated.
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Rajput Jain & Associates. are a tremendous value added to me as an executive and a busy parent. It just makes sense to delegate my tax file to them -- they are proactive, extremely service oriented, and most importantly, I am completely confident they are finding every dollar of tax savings available to me.
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We use Rajput Jain & Associates for all our accounting, Corporation tax, VAT and other compliance needs. The service is professional, courteous and prompt. I would recommend Rajput Jain & Associates to any company requiring a comprehensive accounting and tax service.
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