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Topic: Excise Duties


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  Her Majesty's Customs and Excise - Wikipedia, the free encyclopedia
Excise duties are inland duties levied on articles at the time of their manufacture, such as alcoholic drinks and tobacco, but duties have also been levied on salt, paper and glass.
A Board of Excise was established by the Long Parliament, and Excise Duties first levied, in 1643.
The Board of Excise was merged to the existing Board of Taxes and Board of Stamps to create the new Board of Inland Revenue in 1849.
en.wikipedia.org /wiki/Customs_and_Excise_department   (527 words)

  
 Lalor, Cyclopaedia of Political Science, V.2, Entry 38, EXCISE: Library of Economics and Liberty
Excise duties are distinguished from customs duties by the fact that the latter are imposed upon commodities when imported into or exported from a country.
There are evidences which prove the existence of an excise on meat as early as the time of Richard I. In the time of John and of Henry III, there was a tax on bread, which was nothing but an excise, in which the price of bread was regulated according to that of grain.
These duties were all repeated in December, 1817, and no excise duty was levied by the United States government until the war of the rebellion necessitated a recourse to this measure.
www.econlib.org /library/YPDBooks/Lalor/llCy429.html   (4730 words)

  
 Customs and Excise   (Site not responding. Last check: 2007-11-06)
HM Customs and Excise officers also guard the borders of the United Kingdom from smugglers and illegal immigrants, although their duties in respect of people smuggling are to be transferred to the Serious Organised Crime Agency.
The combined Board of Customs and Excise was formed in 1909 by the transfer of responsibility for Excise from the Inland Revenue.
HM Customs and Excise is not responsible for collecting direct taxes; this is the job of the Inland Revenue.
www.1-free-software.com /en/wikipedia/c/cu/customs_and_excise.html   (486 words)

  
 The Telegraph - Calcutta : Business   (Site not responding. Last check: 2007-11-06)
Mumbai, Feb. 27: Excise and customs duties on man-made textiles are likely to be brought down in the Union Budget for 2005-06, narrowing the gap with the cotton segment, which was a major beneficiary last year.
Excise duties on polyester staple fibre (PSF) are likely to come down to 8 per cent from 16 per cent, while it could stand reduced at 16 per cent on polyester filament yarn (PFY) from the existing 24 per cent.
Industry circles said the duty difference between cotton and man-made textiles are in the range of 8-24 per cent.
www.telegraphindia.com /1050228/asp/business/story_4434027.asp   (358 words)

  
 The Hindu : Excise, customs duties cut ahead of polls
Since excise and customs duties can be altered through administrative orders, the changes in indirect taxes would take effect from Friday while changes in direct tax procedures would come into effect from the new financial year.
Today's decision to reduce the excise duty on aviation turbine fuel from 16 to eight per cent and abolish the 15 per cent Inland Travel Tax and the Rs.
The customs duty on cell phones has been reduced from 10 to five per cent while excise duty on computers has been brought down from 16 to eight per cent.
www.hinduonnet.com /2004/01/09/stories/2004010908620100.htm   (749 words)

  
 Customs and Excise - Wikipedia, the free encyclopedia
Customs and Excise refers to customs duties and excise duties.
In the United Kingdom, Her Majesty's Customs and Excise (merged with the Inland Revenue to form Her Majesty's Revenue and Customs in 2005).
In Hong Kong, the Customs and Excise Department.
en.wikipedia.org /wiki/Customs_and_Excise   (136 words)

  
 Importation of new and used cars into Cyprus from the EU - excise duties and registration fees   (Site not responding. Last check: 2007-11-06)
Excise Duties on Cars - New or Imported from the EU The new Excise Duties are now in force.
The new Excise Duties apply to new and secondhand cars that are imported from the EU into Cyprus.
The excise duty on motorcycles having of an engine of a cubic capacity exceeding 100 cc, is 30% on their value.
roads-cyprus.org /lc/lc7.html   (1083 words)

  
 Excise Act   (Site not responding. Last check: 2007-11-06)
All duties of excise imposed by this Act shall accrue and be levied on the quantities ascertained in the manner provided in this Act, or otherwise proved.
Any goods removed from any premises subject to excise before the duty thereon has been paid or secured by bond in the manner required by law shall be seized and detained by any officer having a knowledge of the fact, and shall be forfeited to the Crown.
Goods subject to excise that have been removed from licensed premises contrary to this Act shall be forfeited to the Crown and may be seized and detained by any officer and dealt with accordingly.
www.solon.org /Constitutions/Canada/English/Statutes/E-14-RSC-1985.html   (6815 words)

  
 Excise duty
Excise duties are imposed under the Excise Act, 2001 on spirits, wine, and tobacco products made in Canada.
Excise duties on beer continue to be imposed under the Excise Act.
Excise and GST/HST Publication List: This is a complete list of all Excise and GST/HST publications indicating the date published, date revised, whether or not an item is obsolete, and what replaces the obsolete publication.
www.cra-arc.gc.ca /tax/technical/exciseduty-e.html   (102 words)

  
 Malaysia Cuts Import Car Tax, Hikes Excise Duties
To make up the loss of revenue, the government is bumping excise duties to as much as 250% from a low of 60% to ensure its national cars continue to enjoy advantages over imports.
Excise duties on all imported completely built-up units and locally assembled vehicles now will range up to 250%, compared with up to 100% previously.
Excise duties are calculated after taking into account marketing and sales costs, profits, operating expenses and distribution costs.
www.wardsauto.com /ar/auto_malaysia_cuts_import   (764 words)

  
 INDIAN FISCAL BUDGET 1996-97 - ONLINE COVERAGE
Hon'ble Members are aware that at present excise duties are levied at the fibre and yarn stage and there is only an additional excise duty, in lieu of sales tax, on fabrics.
I propose to reduce the excise duty on yarn in the case of polyester filament yarn from the current level of 50% to 40% and unify the rates on other yarn at 20%, except nylon filament yarn and cotton yarn for which the present rates of 30% and 5% respectively will be retained.
This restructuring of excise duty, together with the substantial reduction in customs duties on selected machinery and on inputs for the textile sector, should provide a major boost to the textile industry.
www.ieo.org /main018.html   (765 words)

  
 Pepys' Diary: Taxes and duties
Excise duties were a portion set aside for the government of the value of items produced and consumed within the country.
The OED notes, however, that until the 20th century this distinction was not strictly followed, so that “excise” duties were also placed on some items of foreign manufacture.
After the Restoration the excise became more important than ever, because such duties took the place of the old feudal duties that until that time had been used to maintain the army.
www.pepysdiary.com /p/489.php   (322 words)

  
 Duty free car entitlement in Cyprus - Exemption of Excise Duties on Cars - EU (Duty Free)
Relief is granted on the whole amount of excise duty for one vehicle per person.
The duty-free replacement of the vehicle is permitted on condition that you continue to reside in Cyprus and you have disposed off the duty-free vehicle previously placed in free circulation and use under relief.
Exemption of Excise Duties on transfer of your normal residence.
www.paphosfinder.com /car/duty-free-car.htm   (1118 words)

  
 The Hindu Business Line : Rationalisation of customs and excise duties may cost Rs 9,000 cr
THE rationalisation of customs and excise duties announced by the Finance Ministry today may blow a large hole in the exchequer, with the Centre expected to forego revenues of roughly Rs 9,000 crore during a full financial year.
A top official from the Central Board of Excise and Customs (CBEC) told Business Line that the move to slash the peak rate of customs duty on all non-farm goods alone would entail annual losses of about Rs 3,000 crore.
The reason for this is that a cut in the basic customs duty (BCD) also ends up lowering the base on which the countervailing duty (CVD) - the additional duty equivalent to the Central excise duty levied on a like good manufactured locally - is imposed.
www.thehindubusinessline.com /2004/01/09/stories/2004010902590100.htm   (500 words)

  
 RUSSIA CHANGES CUSTOMS RULES
Since February 18, 1998, excise tax must be shown as a separate line on all payment and supply documents.
Excise tax must now be paid on first-time excisable goods imported to Russia where clearance under interstate customs agreements is not applicable.
Excise duties on goods sold between the sixteenth and the last day of the month must be paid no later than the fifteenth day of the second month following the reporting month.
www.bisnis.doc.gov /bisnis/bulletin/9805ctms.htm   (685 words)

  
 CentralExciseIndia.com Forums - Additional Duties Of Excise (Textiles And Textile Articles) Act, 1978 (40 Of 1978)
An Act to provide for the levy and collection of additional duties of excise on certain textiles and textile articles.
Levy and collection of additional duties of excise on certain textiles and textile articles.
The rules for the interpretation of the Schedule to the Central Excise Tariff Act, 1985, and the Section and Chapter Notes of the said Schedule shall apply for the purposes of classification of goods specified in this Schedule.
centralexciseindia.com /laws/showthread.php?t=48   (409 words)

  
 Customs and Excise -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-06)
Customs and Excise -- Facts, Info, and Encyclopedia article
Customs and Excise refers to (additional info and facts about customs duties) customs duties and (additional info and facts about excise duties) excise duties.
In (Formerly a Crown Colony on the coast of southern China in Guangdong province; leased by China to Britain in 1842 and returned in 1997; one of the world's leading commercial centers) Hong Kong, the (additional info and facts about Customs and Excise Department) Customs and Excise Department.
www.absoluteastronomy.com /encyclopedia/c/cu/customs_and_excise.htm   (101 words)

  
 EXCISE TAXES
Excise taxes are taxes on the sale or use of certain products or transactions.
Excise Taxes on Alcohol, Tobacco, and Gasoline: History and...
Excise Taxes, garret p vreeland, 10/23/00; 7:51:47 PM:.
www.stanklos.com /virtualpubliclibrary/halloftaxes/excise-taxes.com   (685 words)

  
 THE CONSTITUTION (AMENDMENT)
One of the recommendations of the Commission that has been under consideration of the Government is an alternative scheme of sharing of the proceeds of certain Union taxes and duties between the Union and the States.
The commission had proposed that tobacco, cotton and sugar may continue to be exempt from Sales Tax and the Additional Excise Duties in lieu of Sales Tax on these items may be merged with the Basic Excise Duties.
In order to implement this decision, this Bill seeks to amend article 269, 270 and 272 of the Constitution so as to bring several Central taxes and duties like Corporation tax and Customs duties at par with personal income-tax as far as their constitutionally mandated sharing with the States is concerned.
www.constitution.org /cons/india/tamnd80.htm   (945 words)

  
 :: CLE Policy ::
"(b) The Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, may, after considering the application, allow provisionally payment of an amount not exceeding the amount claimed by the manufacturer exporter or exporter in respect of such export:
In 9 of the said rules, in clause (d), for the words " the Central Government to be relevant or useful", the words, "Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be, to be relevant or useful", shall be substituted.
In rule 13 of the said rules, in sub-rule (2), in clause (iv), for the words "Central Government", the words "Commissioner of Central Excise or the Commissioner of Customs and Central Excise, as the case may be" shall be substituted.
leatherindia.org /policy15.asp   (696 words)

  
 SteelVillage.com - Steel for the 21st Century   (Site not responding. Last check: 2007-11-06)
Many small and medium scale industries using steel are reportedly facing problems as the excise duty on steel products under Chapter 72 (generally raw materials used in steel production) is 8% and the excise duty on steel products under Chapter 73 (generally materials made out of steel) is still at the level of 16%.
FII stated that, the variety in excise duties on steel products have resulted in end products users to bear higher prices due to higher excise duty on the subject products.
Claiming that the variety in excise duties hurts steel users, FII demands government to keep excise duties at equal rates.
www.steelvillage.com /readTitle.cfm?ID=3041   (177 words)

  
 CII for lower excise duties for textiles - Deccan Herald   (Site not responding. Last check: 2007-11-06)
In its pre-budget recommendations for the sector, CII suggested excise duty on polyester filament yarn be reduced to 16 per cent from the current 24 per cent and on other man-made filament fibres and yarns to 8 per cent from 16 per cent now.
The government in the 2004 budget had completely revised the excise duty structure on textiles and the forthcoming budget should further strengthen the fiscal policy support for rejuvenation of industry, CII said in a release.
The industry chamber also suggested removing duties on garment exporters for procuring inputs out of their quota of 3-5 per cent of the Free-On-Board value of exports from domestic manufacturers.
www.deccanherald.com /deccanherald/jan162005/i11.asp   (409 words)

  
 DIAGEO PLC - DEO Report of Foreign Issuer (6-K) SIGNATURES
Net sales (after deducting excise duties) growth trailed volume growth as a result of negative mix due primarily to the decline in ready to drink.
Net sales (after deducting excise duty) were down 6% reflecting mix deterioration primarily driven by the decline in ready to drink.
Net sales (after deducting excise duties) growth was negatively impacted by the decline of ready to drink volume.
sec.edgar-online.com /2004/09/02/0001156973-04-000986/section2.asp   (10117 words)

  
 Excise Taxes - Contacts   (Site not responding. Last check: 2007-11-06)
Effective April 1, 2004, all excise tax rulings, licensing requests, and enquiries are centralized within the Excise Duties and Taxes Division at Headquarters.
Excise tax is currently imposed on following commodities: jewellery, motive fuels, automotive air conditioners, and certain vehicles exceeding a weight threshold.
Requests for excise tax licences, rulings and interpretations, and general enquiries for clients in the Province of Qu├ębec can be mailed to the following address:
www.cra-arc.gc.ca /E/pub/et/contacts/contacts-e.html   (282 words)

  
 Customs, excise duties evasion scam by EOUs unearthed
New Delhi, Oct 9: A major scam involving evasion of customs and excise duties to the tune of over Rs 150 crore by export-oriented units in Gujarat and Maharashtra has been unearthed, the Directorate General of Anti-Evasion (central excise) said on Friday.
No customs and central excise duties were paid, Bhargava said.
An executiveof the Gurgaon company forged the signatures of central excise officers to establish legal re-warehousing of the goods under the instructions of the management of the company.
www.expressindia.com /fe/daily/19981010/28355414.html   (432 words)

  
 CentralExciseIndia.com Forums - Additional Duties Of Excise (Goods Of Special Importance) Act, 1957 (58 Of 1957)
Additional Duties Of Excise (Goods Of Special Importance) Act, 1957 (58 Of 1957)
(a) "additional duties" means the duties of excise levied and collected under sub-section (1) of Section 3;
(2) The duties of excise referred to in sub-section (1) in respect of the goods specified therein shall be in addition to the duties of excise chargeable on such goods under the Central Excise Act, 1944 (1 of 1944), or any other law for the time being in force.
centralexciseindia.com /laws/showthread.php?t=47   (360 words)

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