[TO
BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART 11, SECTION 3,
SUB-SECTION (i)]
GOVERNMENT
OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, the
11th August, 2016
NOTIFICATION
No. 42/2016 - Central Excise (N.T)
G.S.R._
(E). - In exercise of the powers conferred by section 37
of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby
specifies the 17th day of August, 2016 as the date on which the provisions of
clause (v) of rule 5 and rule 6 of Central Excise (Amendment) Rules, 2016,
notified by Notification No. 8/2016-Central Excise (N.T) dated the 1st March,
2016 published in the Gazette of India, Extraordinary, vide number G.S.R. 239
(E), dated 1st Marth, 2016 shall come into force.
F.No.
210/04/2016-CX.6
(Shankar Prasad
Sarma)
Under Secretary to the Government of India
We do not mediate buying, selling of products or services.
Central Excise notifications are official announcements issued by the Government of India to communicate changes, updates, or clarifications related to central excise laws and procedures.
They may include amendments to duty rates, exemptions, procedural changes, or new compliance requirements, helping manufacturers and traders stay informed and compliant.
Read MoreCentral Excise notifications are important because they tell businesses about current regulations, duty changes, and compliance obligations.
These updates help manufacturers, importers, and tax professionals adjust their processes, prepare accurate returns, and avoid penalties for non-compliance with excise laws.
Read MoreCentral Excise notifications are released as and when the Government introduces changes to tax laws, exemptions, or procedures.
These may be issued periodically or in response to budget announcements, policy reforms, or judicial interpretations that require clarification or regulatory updates.
Read MoreThe most reliable sources for the latest Central Excise notifications are official government portals such as the Central Board of Indirect Taxes and Customs (CBIC).
Seair Exim Solutions also consolidates and summarises important notifications to make it easier for businesses to track updates relevant to their operations.
Read MoreYes, Central Excise notifications can affect past tax liabilities if they include retrospective amendments, clarifications, or transitional provisions.
Such notifications may have an earlier impact. assessments, compliance positions, or legal interpretations and should be reviewed carefully to ensure proper handling of legacy accounts.
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