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Presentation on

Basic Provisions of Excise and Customs

Presented By Amit, Harshdeep, Krishan, Robin, Sawinder, Tarun

The Central Board of Excise and Customs (CBEC) is the national agency responsible for administering Customs, Central Excise & Service Tax in India.
The Central Board of Excise & Customs (CBEC) consist of 3 main divisions in it

- Central Excise - Customs - Service Tax

A customs duty is a tariff or tax on the importation (usually) or exportation (unusually) of goods.

Custom Act 1962

The Customs Act 1962 is the basic Act for levy and collection of customs duty in India. It contains various provisions relating to imports and exports of goods

Importance of Custom Duty

To stop illegal imports and exports of goods.
to keep the imports to the minimum in the interests of securing the exchange rate of Indian currency.

Custom Rates
Soya Protein

10 5 20 6 2.5 4

30 7.5 10 7.5 2

Water Fertilizers

Bicyle Parts

LED lamps Agriculture Machiney


Provisions of Custom
Prohibitions on importation and exportation of goods Detection of illegally imported goods and prevention of the disposal thereof Prevention or Detection of Illegal Export of Goods Provisions relating to conveyances carrying imported or exported goods

Clearance of imported goods and export goods

Goods in Transit

Exemptions in Customs
Natural gas/Liquified Natural Gas imported for power generation by a power generation company. Uranium concentrate, sintered natural uranium dioxide, sintered uranium dioxide pellets for generation of nuclear power Coal mining projects. Steam coal. New and retreaded aircraft tyres Life saving Drugs

An excise is an inland tax on the sale, or production for sale, of specific goods or a tax on a good produced for sale, or sold, within a country or licenses for specific activities.

An excise is considered an indirect tax

Excise Act, 1944

It provides some provisions related to levy of tax on the goods produced in India with some exemptions in it.

Importance of Excise Duty

The Union Government also tries to achieve different socio-economic objectives by making suitable adjustments in the scope and quantum of levy of Central Excise duty.
The scheme of Central Excise levy is suitably adapted and modified to serve different purposes of price control, sufficient supply of essential commodities, industrial growth, promotion of small scale industries and like.

Excise Provisions
Levy and collection of duty. Indicating Amount of Duty in the price of goods, etc., for purpose of refund and crediting certain amounts to the fund. Powers and duties of Officers and Landholder Settlement of Cases Appeals

Excise Rates
Petrol/LPG or CNG driven cars (length not exceeding 4000mm and engine capacity not exceeding 1200 cc ) Petrol driven cars (length exceeding 4000mm and engine exceeding 1500 cc) Diesel cars (length exceeding 4000mm and engine capacity under 1500 cc) Readymade garments



24 12

22 10

LED lamps Cigars, cheroots and cigarillos

6 12

10 10

Footwear Specified raw materials viz. Polypropylene, Stainless Steel Strip

12 6

10 4

Blood Pressure Monitors and Blood glucose monitoring systems

Cigars, cheroots and cigarillos



Exemptions in Excise
Goods produced in Government Factories, Mines, Mints, etc. Goods supplied for Defence or other specified purposes. Goods required for Nuclear Fuel Complex. Certain specified goods connected with solar and natural energy. Specified raw materials viz. stainless steel tube and wire, cobalt chromium tube, Hayness Alloy-25 and polypropylene mesh required for manufacture of Coronary stents/ coronary stent system and artificial heart valve on actual user basis.