Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: cpt :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: empanelment :: VAT RATES :: articles on VAT and GST in India :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS
 
 
« Customs and Excise »
 Central Board of Excise and Customs to soon notify new procedural framework
 CBEC set to be Central Board of Indirect Taxes and Customs
 Govt to give customs, excise duty benefits to boost solar rooftop sector
 Clarification regarding posting of Central Excise officer in Cigarette units-reg.
 Ensure transparency in excise department working: Bizmen to government
 It is time to review the customs duty on essential food imports
 Migration to GST of existing Central Excise / Service Tax Assessees
 Rate of exchange of conversion of the foreign currency with effect from 3rd February, 2017
 Budgetary Changes In Customs
 Customs and excise officials upset with GST administration deal with states
 Higher petro excise props up govt tax kitty

Seeks to amend Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules, 2008 [03/2014-CE(N.T.)
January, 28th 2014

 

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i) ]

 

Government of India

Ministry of Finance

Department of Revenue

 

Notification No. 03/2014--Central Excise (N.T.) 

 

New Delhi, dated, 24th  January, 2014

 

G.S.R     (E). – In exercise of the powers conferred by sub-sections (2) and (3) of section 3A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby makes the following rules further to amend the Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules, 2008, namely :-

 

1.        (1) These rules may be called the Pan Masala Packing Machines (Capacity    Determination   and Collection of Duty) First Amendment Rules, 2014.

            (2)  They shall come into force on the date of their publication in the Official Gazette.

2.     In the Pan Masala Packing Machines (Capacity Determination and Collection of Duty) Rules, 2008,-

(i)         in rule 5, for the TABLE, the following shall be substituted, namely:-

Table

Sl. No.

Retail sale price (per pouch)

 

Number of pouches per operating packing machine per month

1.

Up to Re. 1.00

6240000

2.

Exceeding Re. 1.00 but not exceeding Rs. 1.50

6240000

3.

Exceeding  Rs. 1.50 but not exceeding Rs. 2.00

5928000

4.

Exceeding Rs. 2.00 but not exceeding Rs. 3.00

5928000

5.

Exceeding Rs. 3.00 but not exceeding Rs. 4.00

5740800

6.

Exceeding Rs. 4.00 but not exceeding Rs. 5.00

5740800

7.

Exceeding Rs. 5.00 but not exceeding Rs. 6.00

5740800

8.

Above Rs. 6.00

5616000”

 

(ii)        in rule 6, in sub-rule 3, for the second proviso, the following proviso shall be substituted , namely:-

“Provided further that the annual capacity of production for the period from the 24th day of January, 2014 to the 31st day of January, 2014 shall be calculated on pro-rata basis for the total number of days in the month of January, 2014 and the number of days remaining in the month starting from and including the 24th day of January, 2014.”

(iii) in FORM – 2, in Sl.No.4, for item (iv),the following shall be substituted, namely:-

“(iv) Break-up of duty payment for apportionment between various duties is as per details below:-

Sr. No.

Duty

Duty ratio for pan masala

Duty paid (Rs.)

Duty ratio for pan masala containing tobacco

Duty paid (Rs.)

(1)

(2)

(3)

(4)

(5)

(6)

1

The duty leviable under the Central Excise Act, 1944

0.2842

 

0.7665

 

2

The additional duty of excise leviableunder section 85 of the Finance Act, 2005

0.1421

 

0.0766

 

3

National Calamity Contingent Dutyleviable under section 136 of the Finance Act, 2001

0.5446

 

0.1277

 

4

Education Cess leviable under section 91 of the Finance Act, 2004

0.0194

 

0.0194

 

5

Secondary and Higher Education Cessleviable under section 136 of the Finance Act, 2007

0.0097

 

0.0097”

 

 

[F No.354/120/2011-TRU]

  

(Raj Kumar Digvijay)

Under Secretary to the Government of India

Note.- The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 1st July, 2008 vide  notification No. 30/2008-Central Excise (N.T.), dated the 1st July, 2008, [ G.S.R.127 (E), dated the 1st July, 2008] and were last amended vide notification number 19/2012-CE (NT), dated the 19th March, 2012, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1), vide No.  G.S.R 225(E) dated the 19thMarch, 2012.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions