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Suggestions Invited on Draft Central Excise Bill, 2024

Suggestions Invited on Draft Central Excise Bill, 2024
Start Date :
Jun 07, 2024
Last Date :
Jun 26, 2024
18:15 PM IST (GMT +5.30 Hrs)
Submission Closed

The Central Board of Indirect Taxes and Customs (CBIC) has prepared a draft of the 'Central Excise Bill, 2024'. This new draft bill aims to replace the outdated Central Excise Act, ...

The Central Board of Indirect Taxes and Customs (CBIC) has prepared a draft of the 'Central Excise Bill, 2024'. This new draft bill aims to replace the outdated Central Excise Act, 1944, with a comprehensive and modern central excise law. The primary focus of the consultative process is to enact a law that factors in ease of doing business and removes redundant provisions. The draft bill comprises 12 chapters, 114 (one hundred and fourteen) sections and two schedules.

Your suggestions/comments/views are invited in the pre-legislative consultative process on the draft Bill for shaping an efficient, clear, and business-friendly law on the MyGov platform.

How to Participate:
1. Review the draft of the 'Central Excise Bill, 2024' on the CBIC website HERE.
2. Submit your suggestions/comments/views in the following format by 26th June 2024.

Sl.No. | Clause No. of the draft Bill | Title of the Clause | Proposed modification, if any | Reasons, Comments or Remarks

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Showing 546 Submission(s)
S.K.Gupta
S.K.Gupta 1 year 6 months ago
Respected Sir/Madam, The final Central Excise Bill should ensure that 1.Encompassing Central Excise Duty provisions are simple, compact and easy to understand; 2. Would-be tax regime comes to the much needed rescue of various stake holders by making it to be businessmen friendly; 3. Any complaints/grievances or appeals against any improper imposition of the Central Excise Duty should be dealt with in a faceless manner as is the case with Income Tax Department; Thanks and Regards
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PHOOLCHAND RAJAK
PHOOLCHAND RAJAK 1 year 6 months ago
किसी भी उत्पादन इकाई में, चाहें वह सरकारी हों,या गैर सरकारी उस प्रोडक्ट की पूरी जानकारी उस प्रोडक्ट के लेबल पर अंकित होना चाहिए।वह भी, मशीनों के द्वारा अंकित होना चाहिए। ऐसा नही लगना चाहिए कि,हाथ से लिखीं गई है। दूसरा जब कोई भी प्रोडक्ट एक्सपायर हो जाता है।तब फैक्ट्री मालिक उसमें हाथ से लिखकर, एक्सपायरी डेट को मिटा देता है।उस डेट के ऊपर ही छाप देता है। जिससे एक्सपायरी डेट समझ में नहीं आतीं हैं।यह हरकत मेडिकल लाइन में देखी गई है।
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S.K.Gupta
S.K.Gupta 1 year 6 months ago
Central Excise Bill should favourably consider the following aspects: Central Excise Duty should be levied only at initial stage of production; Extant structure of Central Excise Duty regime should be revisited and rationlised; There should be an appallete authority to deal with public grievance related to imposition of central Excise duty in specific cases. Thanks and Regards
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subodh bansal
subodh bansal 1 year 6 months ago
My post no. 20 Clean india is big problem. Huge garbage produced in manufacturing and Packing. You not addressed Garbage and Packing issues in new exise duty bill.
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BrahmDevYadav
BrahmDevYadav 1 year 6 months ago
Which goods are exempt from excise duty? All other textile goods e.g. spun yarns, grey or processed fabrics, garments, made-ups and textile articles, of chapters 50 to 63, have been exempted from excise duty provided no credit under the Cenvat Credit Rules, 2002 is taken. The exemption is optional.
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BrahmDevYadav
BrahmDevYadav 1 year 6 months ago
How is excise duty collected? Fundamentally, excise duty is a tax levied on domestically produced goods. Generally, it is charged on their production and sale and is also known as CENVAT or Central Value Added Tax. Central Excise duty is an indirect form of taxation and is collected from a customer by a retailer or an intermediary.
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BrahmDevYadav
BrahmDevYadav 1 year 6 months ago
What are the basic requirements for levy of central excise on excisable goods? Valuation of Excisable Goods are as under:- 1. Must be excisable goods 2. Must be chargeable to duty on value 3. Sales must be in package 4. Must fall under the provisions of Legal Metrology Act, 2009, mandatorily and must be notified by the Central Government. Section 4A has an overriding effect on section 4 but not Section 3(2).
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BrahmDevYadav
BrahmDevYadav 1 year 6 months ago
What is Section 73 of Central Excise Act? Section 73:- Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any willful-misstatement or suppression of facts.
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