TaxTMI 
TaxTMI 
Instruction for units manufacturing Pan Masala, Gutkha and Chewing Tobacco
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....nstruction for units manufacturing Pan Masala, Gutkha and Chewing Tobacco <br>News and Press Release<br>Dated:- 10-9-2007<br><BR>Intimation to be filed by 12.09.2007 CBEC has issued a circular no. 85....
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....4/12/2007/CX dated 07.09.2007 and instructed the manufacturing units of Pan Masala, Gutkha and Chewing Tobacco to file intimation appended to the circular by 12.09.2007. With the intention to curb ev....
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....asion of excise duty by the manufacturers of Pan Masala, Gutkha and Cheqing Tobacco, CBEC has also prescribed the procedures for "Working and Non Working Packing Machines", "Number of Shifts operated"....
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.... and "Records of Inputs" to be complied by the manufacturer. At present excise duty on Pan Masala and Gutkha is levied at the rate of 46.35% and 67.98% respectively. (Note: - It is very difficult to....
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.... thinks that in the era of cutthroat competition, after payment of such high duty, the manufacturer would become wiser, and pay duty honestly. This circular shows that all the penal and draconian prov....
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....isions of Central Excise failed. Any improvement because of this circular is certainly doubtful.)<BR> News - Press release - PIB....