Issues relating to imposition of Education Cess on excisable Goods and on imported goods, as pointed out by the trade and the field of formations

Issues relating to imposition of Education Cess on excisable Goods and on imported goods, as pointed out by the trade and the field of formations – reg. https://www.taxtmi.com/circulars?id=55517 The Education Cess is a new levy not chargeable on goods manufactured before its imposition but cleared afterward. No Cess is leviable where goods are fully exempt, subject to nil duty, or cleared without payment of duty. The Cess applies only to goods listed in the First Schedule to the Central Excise Tariff Act and excludes items not specified. The Cess base is the aggregate duties of excise/customs actually levied and collected by the Department of Revenue, excluding certain customs duties such as anti dumping and safeguard duties. en-us Thu, 02 Sep 2004 00:00:00 +0530 Mon, 26 Dec 2016 13:00:00 +0530 TaxTMI RSS Generator Issues relating to imposition of Education Cess on excisable Goods and on imported goods, as pointed out by the trade and the field of formations – reg. https://www.taxtmi.com/circulars?id=55517 The Education Cess is a new levy not chargeable on goods manufactured before its imposition but cleared afterward. No Cess is leviable where goods are fully exempt, subject to nil duty, or cleared without payment of duty. The Cess applies only to goods listed in the First Schedule to the Central Excise Tariff Act and excludes items not specified. The Cess base is the aggregate duties of excise/customs actually levied and collected by the Department of Revenue, excluding certain customs duties such as anti dumping and safeguard duties. Circulars Customs Thu, 02 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55517