The rules for the interpretation of the first schedule to the central excise tariff. The central excise tariff act 1985 taxindiaupdates in. First schedule to the central excise tariff act, 1985 5 of 1986, specified in corresponding entry in column 2 of the said table, from. The first schedule to the central excise tariff act, 1985 5 of 1986 and exemption. A2z taxcorp llp is a boutique indirect tax firm having professionals from multi disciplines which includes goods and services tax gst, central excise, custom, service tax, vat, dgft, foreign trade policy, sez, eou, export import laws, free trade policy etc.
First schedule to the central excise tariff act, 1985 import export. Schedule to the central excise tariff act, 1985 taxation. The rates at which duties of excise shall be levied under the4 central excise and salt act, 1944 1 of 1944 are specified in3 the first schedule. Act, 1985 5 of 1986, the section and chapter notes and the general explanatory. A2z taxcorp llp is a professionally managed firm and having team of distinguished chartered accountants, company secretary, lawyer. Section 1 short title extent and commencement 1 this act may be called the central excise tariff act, 1985. Central excise tariff act, 1985 tax management india. Be it enacted by parliament in the thirty sixth year of the republic of india as follows. Case laws acts notifications circulars classification forms manuals sms news articles. The rates at which duties of excise shall be levied under the central excises and salt act, 1944 1 of 1944. The first schedule basic rate of duty classification tariff items. Exempts excisable goods of the first schedule to the central excise tariff act, 1985 5 of 1986. An act to provide for tariff for central duties of excise.
Duties specified in the the first schedule and the second schedule. Special offer on gst package for cas as per the mou with icai. Bombay hc restrains andamanbased reality show andaman big bro owing to trademark infringement. Consequential amendments of, and construction of references to the first schedule to act 1 of 1944 1 1in the central excise act, 1944, a for the words first schedule, wherever they occur, the words and figures schedule to the central excise tariff act 1985 shall be substituted. Central excise duty free download as powerpoint presentation. General explanatory notes to the first schedule to the central excise tariff act, 1985 additional duties of excise goods of special importance act, 1957 additional duties of excise textiles and textile articles act, 1978 provisional collection of taxes act, 1931 16 of 1931.
First schedule and the second schedule a to the central excise tariff act,1985 to be levied 17. Basic rate of duty classification tariff items 2nd schedule. Consequential amendments of, and construction of references to the first schedule to act 1 of 1944. Duties specified in the first schedule and the second schedule to be levied. Emergency power of central government to increase duty of excise.
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