No departture from Central Excise by Govt.

[KASTURI SETHI]

The issuance of Central Excise Rules, 2017 and Cenvat Credit Rules, 2017 vide Notification Nos.19/17-CE(NT) and 20/17-CE(NT) both dated 30.6.17 and both effective from 1.7.17 indicates that Govt.has not 'bid farewell' to Central Excise and Cenvat Credit Rules. Whatever may be the purpose and reasons behind issuance of both the rules in GST Regime.

[Kishan Barai]

Yes, even it imports of many goods CVD is still attracted. Your view point is correct

[MADAN RAHEJA]

With effect from 1-7-2017, provisions of Central Excise Act, as amended by Taxation Law Amendment Act, 2017 read with 101^st Constitutional Amendment Act, 2017 are applicable only to six items i.e. (a) petroleum crude; (b) high speed diesel; (c) motor spirit (commonly known as petrol); (d) natural gas; (e) aviation turbine fuel; and (f) tobacco and tobacco products.". The last named product is covered under GST also whereas first five products would be brought under GST net later. Revised Central Excise Rules and Cenvat Credit Rules are applicable accordingly.

AI Summary

Central Excise applicability continues for specified goods despite GST; revised excise and cenvat rules remain operative. The revised Central Excise Rules and Cenvat Credit Rules were issued contemporaneously with GST implementation, signalling retention of excise procedures where applicable. Their application is confined to specified goods: five petroleum-related products and tobacco and tobacco products; tobacco falls under GST while the petroleum items are to be brought under GST later. Consequently the revised rules operate for those specified goods and related transitional excise obligations.