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of <h1>Taxation Laws (Amendment) Bill, 2017: Levy and Collection of Duties on Excisable Goods, CENVAT, and Special Excise Duty</h1> Chapter II of the Taxation Laws (Amendment) Bill, 2017, outlines the levy and collection of duties on excisable goods produced or manufactured in India, except those in special economic zones. It mandates the Central Value Added Tax (CENVAT) and a special duty of excise as per the Central Excise Tariff Act, 1985. The duties on goods from export-oriented undertakings brought into India equate to customs duties on similar imported goods. The Central Government can set and modify tariff values for excisable goods, considering production capacity and market practices. All rules and notifications must be published and reviewed by Parliament.
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