Central Excise Day is celebrated all over India on 24th February every year. Central Excise duty is levied in terms of the Central Excise Act, 1944 as on the rate prescribed under the Schedule I and II of the Central Excise Tariff Act, 1985. The taxable event under the Central Excise law is basically the manufactured goods. This law is administered by the Central Board of Excise and Customs (CBEC or Board) through its field offices, i.e. the Central Excise Commissionerates. CBEC is a part of the Department of Revenue under the Ministry of Finance, Government of India. It deals with the tasks of formulation of policy concerning levy and collection of Customs and Central Excise duties, prevention of smuggling and administration of matters relating to Customs, Central Excise and Narcotics to the extent under CBEC's purview. For this purpose, India is divided into 10 Zones and a Chief Commissioner of Central Excise heads each Zone. There are total 61 Commissionerates in these Zones headed by Commissioner of Central Excise. For the rest of the details you can download the pdf file provided.

Attached Files

CED IB.pdf (193.0 KB, 75 views)