FEATUREΓ* As amended by the Finance (No.2) Act, 2015CONTENTChapter 1 Central Excise Law and Procedures at a GlanceChapter 2 History & Trends of Central Excise LawChapter 3 Levy, Manufacture under Central ExciseChapter 4 Classification of Excisable GoodsChapter 5 Valuation of Excisable GoodsChapter 6 Cenvat CreditChapter 7 Job WorkChapter 8 Small Scale ExemptionChapter 9 ExportsChapter 10 Clearance to Export Oriented UndertakingChapter 11 Clearance of Excisable Goods from a DTA Unit to a SEZChapter 12 WarehousingChapter 13 Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable GoodsChapter 14 Demand, Interest and PenaltyChapter 15 Appeals and RevisionChapter 16 Settlement CommissionChapter 17 RefundsChapter 18 Advance RulingChapter 19 Large Tax Payer UnitChapter 20 Miscellaneous TopicsChapter 21 Central Excise DealersChapter 22 Important ProceduresChapter 23 Audits by Revenue AuthoritiesChapter 24 Audit by ProfessionalsChapter 25 Common Errors in ExciseChapter 26 Frequently Asked Questions in Central ExciseAPPENDICESAppendix 1 Process Amounting to Deemed ManufactureAppendix 2 Declaration to be given in case of SSI exemptionAppendix 3 Format of ER 3 and ER 1Appendix 4 List of products under MRP based levy with abatementsAppendix 5 Specimen FormatsAppendix 6 List of Goods hitherto exemptAppendix 7 Central Excise Act, 1944Appendix 8 CENVAT Credit Rules, 2004Appendix 9 The Central Excise Rules, 2002Appendix 10 Central Excise Valuation (Determination of Price of Excisable Goods) Rules, 2000Appendix 11 Central Excise (Removal of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods) Rules, 2001Appendix 12 Central Excise (Determination of Retail Sale Price of Excisable Goods) Rules, 2008Appendix 13 Central Excise (Settlement of Cases) Rules, 2007Appendix 14 Customs and Central Excise Settlement Commission Procedure, 2007Appendix 15 Central Excise (Advance Rulings) Rules, 2002Appendix 16 Central Excise (Appeals) Rules, 2001Appendix 17 Central Excise (Compounding of Offences) Rules, 2005Appendix 18 Extract of TRU Circular on announcements made by the Finance Minister while introducing the Finance (No. 2) Bill, 2014ABOUT THE AUTHORSMadhukar N Hiregange, B.Com., FCA, DISA(ICAI), passed CISA. Senior Partner Hiregange & Associates having offices in Bangalore and Hyderabad and Associated with few CAs across India as mentor. Mentor & Major Resource/Faculty at Hiregange Academy, a knowledge & Employability initiative engaged in training industry officers, Professionals and students in IDT as well as other job related skills. Jointly Authored 12 books on Central Excise, Service Tax, Karnataka VAT and Excise/Service Tax audit. IDT – !PCC Study Material has been The latest addition published by Puliani & Puliani. It is a handbook with future employability / practical usage immediately as the focus. Planning on an IDT- final book to be released in 2015. Working on a comprehensive Book on IDT expected to be released in September 2014. Earlier contributions include 2 online books on Service Tax and Central Excise .Have been active in the field of spreading awareness through seminars & articles as well as visiting faculty at various Professional and Management Institutes. Active in online replies on several professional Sites like caclubindia.com, professional online groups, pdicai.org, taxmanagementindia.com & hiregangeacademy.com. Was a Central Council Member of the Institute of Chartered Accountants of India for the term 2010-13 with a vision to enhance the credibility of the profession, strengthen the professional in practice and employment, make the course less painful while increasing the quality of the student coming out. With 2 years in examination committee and 2 years in Board of Studies, updated syllabus in IDT & IT, standardized ITT + GMCS with advanced versions to enhance the value of the student coming out as CA, 15 minutes time and making available answer papers to students among many. Involved in efforts to make the Indirect Tax laws in India simple, certain and fair and creating an awareness of the potential of knowledge of Indirect Taxes in India. Managing Trustee – Empower Education Foundation. Interested in education of lesser privileged. Believes in “Value Based Practice and Life”.Rajesh Kumar T.R., B.Com., LLB, FCA, DISA, is a practicing Chartered Accountant. Completed schooling, Graduation and Article ship in Turnkur. Presently partner in Hiregange & Associates, Chartered Accountants. Author has conceptualized the implication of Central Excise, Customs, Service Tax and Karnataka Value Added Tax Law on practical aspects of Business and assisting the trade in addressing their concerns in these subjects including litigation support in the area of Central Excise, Service Tax and Customs. Presently, concentrating on appearance before various statutory authorities including Customs, Excise, Service Tax Appellate Tribunal (CESTA 1) representing their cases. Has written many articles on Central Excise, Service Tax and VAT for various professional journals and presented number of papers in various Seminars and Workshops. Author has jointly authored number of books on Central Excise, Service Tax and K-VAT. He has also assisted in authoring various editions of book on Central Excise Law and Procedure. He has contributed substantially for compilation of study material on Indirect Taxes published by ICAI for CA. for Final Students. He is a regular faculty for Indirect Certification Course conducted by Institute of Chartered Accountants of India. He is visiting faculty in different Colleges addressing Students. Has written many articles on Central Excise, Service Tax and VAT for various professional journals and presented number of papers in various seminars and workshops .
Madhukar N Hiregange, Rajesh Kumar T.R., Sudhir V.S.
8th Edition , 2015