Nepal is estimated to require 25.88 million tonnes of cement annually by 2024-25 due to an investment push in mega infrastructure projects, a study on the socio-economic impact of foreign direct investment in the country's cement industry published by Nepal Rastra Bank on Friday showed. There are several big, medium and small projects ...
In the case of packaged cement manufactured by units other than mini-cement plants, excise duty has been increased from 8% to 10% for cement of declared retail sale price exceeding Rs. 190 per 50 kg bag or Rs. 3800 per tonne. On packaged cement of declared retail sale price not exceeding Rs. 190 per 50 kg bag or Rs.
25.1 The graded excise duty structure based on RSP slabs applicable to cement manufactured and cleared in packaged form is being removed for both mini-cement plants and non-mini cement plants. The excise duty rates on such cement as well as cement cleared other than in packaged form is also being revised [S. No. 51 and 52 of
mini cement plant central excise issues zsinternationalin. Notification No 12 /2012Central Excise GSR (E)In exercise of the powers conferred by subsection (1) of section 5A of the from a mini cement plant (ii) other than from a mini cement plant 6%+` 120 PMT 12%+` 120 PMT 1 52 2523 29 All goods, whether or not manufactured in a mini cement ...
In the case of packaged cement manufactured by units other than mini-cement plants, excise duty has been increased from 8% to 10% for cement of declared retail sale price …
At the rate cement plants are coming up, it does not give a very optimistic picture for the coming days. 74 plants are registered in the Department of Industry. Out of these, 48 are in operation. Six major plants including that of the Chinese company Hongsi are in the pipeline. ... There are various transport related problems for Nepali cement ...
2) Excise duty on cement clinkers has been increased from Rs.200/- to Rs.250/- per metric tonne. 3) Excise duty on cement made by mini cement plants has been increased from Rs.200 to Rs.250 per metric tonne. 4) Excise duty on cement cleared in bulk has been increased from Rs.332 per metric tonne to Rs.382 per metric tonne.
The boom in the real estate and construction industry in India saw a sudden and sharp increase in the price of cement, to the extent of a price increment as high as 17 per cent in a single month.
LAWS OF KENYA The Customs and Excise Act central excise policy for mini cement plant. The Customs and Excise Act CHAPTER 472 First Booklet This booklet contains the Act and subsidiary legislation made there under or a note thereof but excludes the First Second Third Fourth and Fifth Schedules to the Act which set out the rates of import duty …
No. 12 /2012-Central Excise G.S.R. (E).-In exercise of the powers conferred by sub-section (1) of section 5A of the ... from a mini cement plant (ii) other than from a mini cement …
The plant has a central control room for monitoring all plant operations, and operators huddle daily to review shift results on a digital screen. The maintenance department feeds manual inspection logs into a reliability tool, which notifies technicians of the next equipment inspection. The per-ton cement cost at such a plant is between $35 …
3/2006-Central Excise as amended by Notification no. 9/2010- Central Excise dated 27.02.2010 refers). 24.11 Basic excise duty on branded „hookah‟ or „gudaku‟ tobacco is being increased from 8% to 10%. (Entry no. 33 of Notification no. 3/2006- Central Excise as amended by Notification no. 9/2010- Central Excise dated 27.02.2010 refers).
A mini cement plant in India is one having a total installed capacity of not exceeding 900tpd although most are below 500tpd. They are given concession in excise duty due to their economic benefits for the rural areas. Of the 30 mini-cement plants located in Andhra Pradesh, only 11 operated during the year ended March 31, 2004.
The aim of this paper is to illuminate the impacts of cement production emissions on the environment. Various research work has shown that countries in sub-Saharan Africa, suffer the most from environmental pollution especially air pollution. One of such contributing factors is the behavioural pattern of workers and traders living close to …
3. 3 Cement: an Industry Analysis Cement industry overview, its applications: Cement is the glue that holds the concrete together, and is therefore critical for meeting society's needs of housing and basic infrastructure such as bridges, roads, water treatment facilities, schools and hospitals. Concrete is the second most consumed …
Central excise duty rates on cement and cement clinker are being revised as follows: I Mini Cement Plant: Existing duty rate New duty rate All goods cleared in packaged form,- (i) of retail sale price not exceeding Rs. 190 per 50 kg bag or of per tonne equivalent retail sale price not exceeding Rs. 3800;
Before the implementation of the GST regime, manufacturers of cement had to pay several rates and excise duties on cement. These rates and duties depended on factors such as type of cement, industrial or trade purpose, and the supply type (packaged or bulk). The excise and VAT on cement alone rounded up to 24-25% under the old …
Mode 1: If "Ready Mix Concrete" is manufactured at the site of manufacturer of RMC by using own raw material far away from the site of construction, it is taxable under Excise Tariff heading 3824.50.10 with a duty @6% and under exemption notification @2% and liability of VAT will also arise.
Mini cement plants are categories in the Notification of Central Excise Deprt. Govt. of India. The Copy of Notification is enclosed with report. As per the this Notification the mini cement plants can produce cement up to 1,09,500 tonnes in year. We will install three more kiln of 50 TPD each to achieve the cement production upto 6600 TPA
ieport - India's Premier portal on Central Excise matters----- Notification No.04/2007-Central Excise dated 01.03.2007 Amendments regarding - Ad valorem rates (NTF. NO. 04/2006-CE, DT. 01/03/2006) ... All goods, manufactured in a mini cement plant and cleared in packaged form- (i) of retail sale price not exceeding Rs. 190 per 50 kg bag or ...
Respondents (With C.A. Nos. 5461-5462 of 2003) JUDGMENT. T.S. THAKUR, J. 1. These appeals under Section 35L (b) of the Central Excise Act, 1944 arise out of orders dated 19th August, 2002 and 8th April, 2003 passed by the Customs Excise and Gold (Control) Appellate Tribunal, West Regional Bench, Mumbai, whereby the Tribunal has set aside …
of Central Excise and Major contributor to GDP. ... and more than 300 mini cement plants. The industry's ... This needs safe disposal of stone waste to avoid these environmental problems ...
Bhimsaria Group is also associated as notable promoters and shareholders of Nepal's two largest cement industries, namely Shivam Cement and Hongshi Shivam Cement. They have a combined capacity of 9000 Metric Tons Per Day and growing. Both have plans to expand their plant, Hongshi to have an additional 10,000 Tons Per Day, …
Gurkar Puttabuddi's mini-cement plant was considered a risky venture, but his success has heralded the current boom in mini-cement plants. But that quantity is enough to keep his company solidly in the black. Churning out an average of 50 tonnes daily, Veda has in its three-year existence produced 40,000 tonnes of cement, enough …
In case of Sale of Cement in MRP bags from other than Mini Cement Plant, duty is 10% + Rs.80 PMT or Rs.PMT (on the basis of price.) About specific duty it is ok. Problem is in 10%, this 10% is to be calculated on which value. Example : We cleared cement from Factory in MRP 280 per bag, but there may be discount to the buyer after …
The respondent also relies on the ruling of this Tribunal in the case of Commissioner of Central Excise Vs. Ultratech Cement Ltd. 2011 (21) STR 297 (Tri-Mum), wherein the facts were that the cement manufacturer had set up a River Pump and had availed CENVAT Credit in respect of repair and maintenance of the said River Pump …
The Department has proposed the levy of penalty under the provisions of the Cenvat Rules read with Central Excise Act, 1944 ( for short 'Excise Act'). Therefore, the Commissioner reviewed the order passed by the lower Adjudicating Authority dated 27.03.2017; thereafter the Commissioner (Appeal) has passed the impugned order.
1. This is an appeal against the order of Collector of Central Excise, Indore dated 9-7-1991. 2. Ld. Counsel stated that the appellants are engaged in the manufacture of cement falling under Chapter Heading 2502.90. The appellant owns a mini cement plant duly registered and licenced by the Ministry of Industry, Govt. of India.
Central Excise as inserted vide Notification No. 3/2007-Central Excise and S. of Notification No. 6/2005 as amended vide Notification No. 9/2007-Central Excise refer). 21.2 Simultaneously, abatement from retail sale price for the purpose MRP based levy has also been reduced from 50% to 44%. (S.No. 20 of the Notification No. 2/2006
A mini cement plant in India is one having a total installed capacity of not exceeding 900tpd although most are below 500tpd. They are given concession in excise …