No departture from Central Excise by Govt.
X X X X Extracts X X X X
X X X X Extracts X X X X
....o departture from Central Excise by Govt.<br> Query (Issue) Started By: - KASTURI SETHI Dated:- 8-7-2017 Last Reply Date:- 9-7-2017 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>The issuance....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 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....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... farewell" to Central Excise and Cenvat Credit Rules. Whatever may be the purpose and reasons behind issuance of both the rules in GST Regime. Reply By Kishan Barai: The Reply: Yes, even it imp....
X X X X Extracts X X X X
X X X X Extracts X X X X
....orts of many goods CVD is still attracted. Your view point is correct Reply By MADAN RAHEJA: The Reply: With effect from 1-7-2017, provisions of Central Excise Act, as amended by Taxation Law Amendm....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ent Act, 2017 read with 101st 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) natu....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ral 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. Revi....
X X X X Extracts X X X X
X X X X Extracts X X X X
....sed Central Excise Rules and Cenvat Credit Rules are applicable accordingly.<br> Discussion Forum - Knowledge Sharing ....