Excise duty refers to the taxes levied on the manufacture of goods within the country, as opposed to custom duty that is levied on goods coming from outside the country. Readers should note that GST has now subsumed a number of indirect taxes including excise duty.
DurationExcise duty refers to the taxes levied on the manufacture of goods within the country, as opposed to custom duty that is levied on goods coming from outside the country. Readers should note that GST has now subsumed a number of indirect taxes including excise duty.
This means excise duty, technically, does not exist in India except on a few items such as liquor and petroleum. The information given below pertains to the functioning of Excise Duty in India before the implementation of GST regime.
Excise Duty is a form of indirect tax which is generally collected by a retailer or an intermediary from its consumers and then paid to the government. Although this duty is payable on manufacture of goods, it is usually payable when the goods are ‘removed’ from the place of production or from the warehouse for the purpose of sale.
There is no requirement for the actual sale of the goods for imposing the excise duty because it is imposed on the manufacture of such goods. The Central Board of Excise and Customs (CBEC) is responsible for collecting excise duty.
Hi-Tech is a leading name in the computer training industry. We are known for churning out globally competent professionals who are miles ahead of others in skill set, knowledge and ability to deliver. We have a wide bouquet of IT courses that are industry eccentric and job oriented.
These courses have enabled many freshers' find interactive jobs and the experienced professionals advance in their career. Most of our students have proved to be productive in their endeavours from the very beginning with little or no training.
Hi-Tech knows when students approach an institute they expect more value than the books on technology can offer. Hence our IT courses are designed and delivered by consultants working in the specific technologies.
The students get the triple benefit of in-depth understanding of the technology, its practical application in real time scenarios and opportunity to work in live projects. Time and again we arrange for guest lectures by industry tech experts to give insights on various trends and guidance on real life project.
Hi-Tech courses are for individuals as well as for corporate. We also undertake customisation of the courses to training milestones of the organisations. We are also in software development, instructor led campus workshops and placement services.
We conduct placement assistance workshops frequently to prepare our students to face job interviews and also provide placement assistance. We make them industry ready and offers would automatically knock their door.
After five years of preparation, the Customs Declaration Service (CDS) has replaced the Customs Handling Imports and Export Freight (CHIEF) platform - replacing a paper based system with a digital platform.
Certificate Course on Customs Clearance & Freight Forwarding is offered by NIFT. We take pleasure in introducing ourselves as well established Institute on foreign Trade, laying emphasis on Export import documentation, Logistics and Supply Chain management, Customs Clearance and International
Custom Clearance and Freight Forwarding is an essential component of International Trade. There is an increasing demand for personnel related to International Trade & Logistics.
Customs clearance is business, and can upshot in inflated fines and delays if not executed correctly. A custom house agent in India, also known as CHA is an individual authorized and licensed to act as an agent for any commercial transaction connected to import and export of goods at the customs.
Customs Clearance, Quality Control, Inspection Course is Offered by Lime Institute.
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