Nexcise duty act 2015 pdf

Amended by taxation laws amendment act 25 of 2015 amended by tax administration laws amendment act 23 of 2015. The excise duty act, 2015 new act which comes into effect today 1 december 2015 repeals the customs and. The following act passed by the legislative assembly of goa, received the assent of the president of india on the 27th october, 1964 and is hereby published for general information. Act 11 excise duty act 2014 the excise duty act, 2014 arrangement of sections section part ip reliminary 1. The new act provides for the management, administration, charging, assessment and collection of excise duty in kenya going forward. Unless the subject or the context otherwise requires, in this act, a product or service subject to excise duty means any product or service which is subject to the excise duty pursuant to this act or other law in force. While the repealed customs and excise act did not require providers of excisable services to be licensed by the kenya revenue authority kra, the act has introduced mandatory. In exercise of the powers conferred by subsection 1 of section 5a of the central excise act, 1944 1 of 1944, the central government. Ghana to increase prices of tobacco products government of.

Whereas, it is expedient to make timely and amend and codify the laws. The site is best viewed in 1024 x 768 resolution on ie 7. In this act, unless there is anything repugnant in the subject or context. National calamity contingent duty leviable under section 6 of the finance act, 2001. The duty leviable under the central excise act, 1944. Capital territory of delhi for the licensing year 2015 16 w.

Excise duty bill 2015 information brief international. Authorized officers to have powers of police officers. While the repealed customs and excise act did not require providers of excisable services to. The excise duty remission of excise duty regulations, 2017. Whereas, it is expedient to make timely and amend and codify the. The excise duty excisable goods management system regulations, 2017 have recently been published in the kenya gazette supplement no.

Central excise rules, central excise rules india, advance. See coming into force provision and notes, where applicable. Excise tariff changes existing duty new duty effective. The excise duty remission of excise duty regulations 2017 replace the customs and excise remission of excise duty regulations 20, which have been repealed. Go to changes in budget 201516 changes in excise duty in budget 201415 go to budget main page.

Every package of excisable goods, except motor vehicles, manufactured in or imported into kenya, are required to be affixed with an excise stamp. Education cess leviable under section 91 of the finance act, 2004. Excise duty amendment bill, 2018 tax procedure code amendment bill, 2018 tax appeals tribunal amendment bill, 2018 stamp duty amendment bill, 2018 traffic and road safety amendment bill, 2018 if passed by parliament and assented to by the president of the republic of uganda, all the bills will become law on 1 july. The recently enacted excise duty act, 2015 the act which became law effective 1 december 2015, repealed the excise duty provisions of the customs and excise act, cap 472. The excise duty amendment bill, 2015 parliament watch. The federal excise act, 2005 federal board of revenue. Home bills the excise duty amendment bill, 2015 choose a document to download the excise duty bill, 2015 committee report on the excise duty amendment bill, 2015 the object of the bill is to amend the excise duty act, 2014 to enhance excise duty in respect to certain excisable goods. Excise tariff changes existing duty new duty effective date. While the repealed customs and excise act did not require providers of excisable services to be licensed by the kenya revenue authority. An act to provide for the levy of an entertainment duty in respect of admission to public entertainments. An excise or excise tax sometimes called a special excise duty 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 specifi. The excise duty amendment bill, 2015 choose a document to download the excise duty bill, 2015 committee report on the excise duty amendment bill, 2015 the object of the bill is to amend the excise duty act, 2014 to enhance excise duty in respect to certain excisable goods. Chapter 382 excise duty act to make provisions for the imposition of an excise duty on goods and for matters incidental or connected therewith. The excise duty act, 2015 new act which comes into effect today.

Be it enacted by the jammu and kashmir state legislature in the tenth year of the republic of india as follows. Section 15 of the excise duty act, 2015, is amended in subsection 1 by inserting the words or illuminating kerosene immediately after the word spirit appearing in paragraph. The excise duty first amendment rules, 2059 2002 2059. On enactment of the bill, the customs and excise act is expected to be repealed. Act means the excise duty act, 2015 alcoholic beverages includes beer, opaque beer, powdered beer wine, spirits and spirituous beverages and mead. The terms and conditions alongwith the prescribed form for the grant of lif licence can be obtained on payment of rs. Statutory and excise duty acf excise duty amendment. Budget 201415 changes in excise duty in budget 2014 2015. In exercise of the powers conferred by section 37 of the central excise act, 1944 1 of 1944 and section 94 of the finance act, 1994 32 of 1994, the central government hereby makes the following rules further to amend the cenvat credit rules, 2004, namely. The excise duty bill 2015 analysis diving deep deloitte.

The bill was returned to parliament via a presidential memorandum which was subsequently passed on 28 october 2015. The additional duty of excise leviable under section 85 of the finance act, 2005. Excise duty act 2015, published new regulations on remission of excise duty on beer manufactured using agricultural produce grown in kenya with the exception of barley. On thursday 27 th august 2015, the chairperson of the departmental committee on finance, planning and trade, to the excise duty bill, 2015 during the committee stage, moved the following amendment to the first schedule.

Xiii of 2015, xv of 2016, xvi of 2017, and by legal notices 270 of 2017 and acts vii of 2018. The excise duty structure on mobile handsets has been restructured so as to provide that all mobile handsets will attract 1% excise duty if cenvat benefit is not availed of. The bill which was presented to the house and read the first time by the deputy minister of finance, mr cassiel ato baah forson, last friday in accordance with article 1741 of the 1992 constitution, seeks to amend the first schedule of the excise duty act, 2014 act 878 to increase the excise duty on cigarettes and cigars from 150 per cent. Central excise tariff notification 15 2015,seeks to exempt all goods falling within the first schedule of the ceta 1985 from the whole of secondary and higher education cess leviable under section 8 of the finance act 2007,central excise tariff notification no. Excise tax act 7159 kb act current to 20200402 and last amended on 20190828. The excise duty act 2015 was then assented to by the president on 6 november 2015 and came into force on 1 december 2015 vide legal notice no 245 of 25 november 2015. Subject to paragraph 2, the rates of excise duty on excisable goods are as set out in the following table. The excise duty act, 2058 2002 date of royal seal date of publication 2058. The excise duty bill, 2015, was assented by the president and gazzetted by the government printer on. The regulations revoke the customs and excise remission of excise duty regulations, 20. Excise duty act 2015 international institute for legislative affairs. Medicinal and toilet preparations excise duties act, 1955 xvi of 1955. Capital territory of delhi for the licensing year 201516 w. Section 10 of the excise duty act, 2015, is amended by deleting the word annually and substituting therefor the words every two years.

Statutory and excise duty acf excise duty amendment of. For the purpose of this act, the following terms shall mean. Beer, bottle, denaturant, excise duty, export, import, intoxicant, liquor, manufacture. Please let me know the duty rate against the tariff 84 and 85 is same as decided in union budget i. By the jammu and kashmir extension of laws act, 1956 central act 62 of 1956 the two central acts the opium act, 1857 xiii of 1857 and the dangerous drugs act, 1930 ii of. Revenue administration bill wont introduce new taxes. The federal excise act, 1990 federal board of revenue.

Because in budget key point it is specific wrote that the excise duty on all goods falling under chapter 84 and 85 of the schedule to the central excise tariff act is reduce from 12. This act shall regulate the imposition of an excise duty, hereinafter referred to as excise, on excise goods and motorcars and the organization of trading in excise goods and also the marking with excise stamps. Customs and excise act 91 of 1964 south african government. Occupational and personal pensions scheme general regulations 2011, l.

The federal excise act, 2005 5 22 schedule means the schedule appended to this act. The federal excise act, 2005 2 chapter i preliminary 1. Edbn21 k50b filing and payment schedules for brewers from january 2015 to june 2017 edbn20 budget 2014 amendment to the importation of intoxicating liquors act for the movement of beer between provinces. Act 11 excise duty act 2014 uganda revenue authority.

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