https://www.taxtmi.com/news?id=27514 The Central Excise Bill, 2024 modernises and replaces the Central Excise Act, 1944 to provide for levy and collection of central excise duty on excisable goods, enables designation of notified goods with alternative bases of levy, prescribes valuation, registration, invoicing and an input credit regime (Central Excise Duty Credit), and sets out assessment, refund, audit, demand, recovery, penalty, settlement, and appellate procedures, together with search, seizure and transitional repeal provisions and detailed tariff schedules. en-us Tue, 04 Jun 2024 16:35:14 +0530 Wed, 11 Feb 2026 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27514 The Central Excise Bill, 2024 modernises and replaces the Central Excise Act, 1944 to provide for levy and collection of central excise duty on excisable goods, enables designation of notified goods with alternative bases of levy, prescribes valuation, registration, invoicing and an input credit regime (Central Excise Duty Credit), and sets out assessment, refund, audit, demand, recovery, penalty, settlement, and appellate procedures, together with search, seizure and transitional repeal provisions and detailed tariff schedules. News - Tue, 04 Jun 2024 16:35:14 +0530 https://www.taxtmi.com/news?id=27514