Service Tax, Excise & Customs Notifications by CBEC w.r.t. Budget 2016-17

CBEC Notifications w.r.t. Indirect Tax Proposals of Budget 2016-17 on Service Tax, Excise/ Customs Duty

In line with indirect tax proposals of Union Budget 2016-17 of India as presented by MoF Arun Jaitley on 29th Feb., 2016, the CBEC has issued various Clarifications / Notifications, relating to Service Tax, Excise/ Customs Duty, Infrastructure Cess, Clean Energy Cess, etc., as under:

CBEC Notifications w.r.t. Proposed Changes in Service Tax

Date

Description of Service Tax Notifications reg. Budget 2016-17

1 MarService Tax Notification 8/2016 dt 1 Mar 2016

Seeks to amend notification No. 26/2012-Service Tax, dated 20th June 2012, so as to make necessary amendments in the specified entries prescribing taxable portion and the conditions for availing the exemption therein.

1 MarService Tax Notification 9/2016 dt 1 Mar 2016

Seeks to amend notification No. 25/2012-Service Tax, dated 20th June 2012, so as to amend certain existing entries granting exemption on specified services and inserting new entries for granting exemption from service tax on specified services

1 MarService Tax Notification 10/2016 dt 1 Mar 2016

Seeks to amend Point of Taxation Rules, 2011 so as to insert clarificatory Explanations.

1 MarService Tax Notification 11/2016 dt 1 Mar 2016

Seeks to exempt services in relation to Information Technology Software recorded on a media bearing RSP, provided Central Excise Duty has been paid.

1 MarService Tax Notification 12/2016 dt 1 Mar 2016

Seeks to amend notification No. 32/2012-Service Tax dated 20th June, 2012, so as to exempt services provided by the bio-incubators approved by the Biotechnology Industry Research Assistance Council, under Department of Biotechnology, Government of India.

1 MarService Tax Notification 13/2016 dt 1 Mar 2016

Seeks to prescribe interest rate under section 75 of the Finance Act, 1994

1 MarService Tax Notification 14/2016 dt 1 Mar 2016

Seeks to prescribe interest rate under section 73B of the Finance Act, 1994

1 MarService Tax Notification 15/2016 dt 1 Mar 2016

Seeks to bring into effect provisions of clause (h) of section 107 of the Finance Act, 2015.

1 MarService Tax Notification 16/2016 dt 1 Mar 2016

Seeks to bring into effect certain provisions of notification No. 07/2015-ST dated 1st March, 2015.

1 MarService Tax Notification 17/2016 dt 1 Mar 2016

Seeks to bring into effect certain provisions of notification No. 05/2015-ST dated 1st March, 2015.

1 MarService Tax Notification 18/2016 dt 1 Mar 2016

Seeks to amend notification No. 30/2012-Service Tax dated 20th June, 2012, so as to prescribe, the extent of service tax payable by the service provider and any other person liable for paying service tax other than the service provider

1 MarService Tax Notification 19/2016 dt 1 Mar 2016

Seeks to amend Service Tax Rules, 1994

CBEC Notifications w.r.t. changes in Excise Duty

Date

Description of Excise Notifications reg. Budget 2016-17

1 MarExcise Notification 5/2016 dt 1 Mar 2016

Seeks to suitably amend specified notifications relating to area based exemptions, so as to carry out Budgetary changes

1 MarExcise Notification 6/2016 dt 1 Mar 2016

Seeks to suitably amend specified notifications relating to area based exemptions, so as to carry out Budgetary changes

1 MarExcise Notification 7/2016 dt 1 Mar 2016

Seeks to amend Notification No. 7/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes

1 MarExcise Notification 8/2016 dt 1 Mar 2016

Seeks to amend Notification No. 8/2003-Central Excise dated 17.03.2012 so as to carry out Budgetary changes

1 MarExcise Notification 9/2016 dt 1 Mar 2016

Seeks to amend Notification No. 1/2011-Central Excise dated 01.03.2011 so as to carry out Budgetary changes

1 MarExcise Notification 10/2016 dt 1 Mar 2016

Seeks to amend Notification No. 2/2011-Central Excise dated 01.03.2011 so as to carry out Budgetary changes

1 Mar Excise Notification 11/2016 dt 1 Mar 2016

Seeks to exempt central excise duty on media with recorded Information Technology Software on so much value as is equivalent to the value of the Information Technology Software recorded on the said media which is leviable to Service tax under Finance Act, 1994

1 Mar Excise Notification 12/2016 dt 1 Mar 2016

Seeks to amend Notification No. 12/2012-Central Excise dated 17.03.2012 so as to carry out Budgetary changes.

1 MarExcise Notification 13/2016 dt 1 Mar 2016

Seeks to rescind Notification No. 62/91-Central Excise dated 25.07.1991 so as to carry out Budgetary changes

1 MarExcise Notification 14/2016 dt 1 Mar 2016

Seeks to amend Notification No. 33/2005-Central Excise dated 08.09.2005 so as to carry out Budgetary changes

1 Mar Excise Notification 15/2016 dt 1 Mar 2016

Seeks to amend Notification No. 30/2004-Central Excise dated 09.07.2004 so as to carry out Budgetary changes

1 Mar Excise Notification 16/2016 dt 1 Mar 2016

Seeks to amend Notification No. 16/2010-Central Excise dated 27.02.2010 so as to carry out Budgetary changes

1 Mar Excise Notification 17/2016 dt 1 Mar 2016

Seeks to amend Notification No. 42/2008-Central Excise dated 01.07.2008 so as to carry out Budgetary changes.

1 Mar Excise Notification 18/2016 dt 1 Mar 2016

Seeks to amend Notification No. 6/2005-Central Excise dated 01.07.2008 so as to carry out Budgetary changes.

1 MarExcise Notification (NT) 5/2016 dt 1 Mar 2016

Seeks to provide a procedure for obtaining Centralized Registration for manufacturers of articles of jewellery.

1 MarExcise Notification (NT) 6/2016 dt 1 Mar 2016

Seeks to amend Notification No. 35/2001-Central Excise (N.T) dated 26.06.2001

1 MarExcise Notification (NT) 7/2016 dt 1 Mar 2016

Rescinds Notification No. 9/2012-Central Excise (N.T) dated 17.03.2012

1 MarExcise Notification (NT) 8/2016 dt 1 Mar 2016

Seeks to further amend Central Excise Rules, 2002

1 MarExcise Notification (NT) 9/2016 dt 1 Mar 2016

Seeks to further to amend the Pan Masala Packing Machines (Capacity Determination And Collection of Duty) Rules, 2008

1 MarExcise Notification (NT) 10/2016 dt 1 Mar 2016

Seeks to further amend the Chewing Tobacco and Unmanufactured Tobacco Packing Machines (Capacity Determination and Collection of Duty) Rules, 2010

1 MarExcise Notification (NT) 11/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 20/2001- Central Excise (N.T.), dated the 30.04.2001 so as to amend the tariff values prescribed for articles of apparel and clothing accessories not knitted or crocheted.

1 MarExcise Notification (NT) 12/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 49/2008- Central Excise (N.T.), dated the 01.03.2016 so as to amend the rate of abatement from Retail Sale Price for commodities specified therein and bring certain commodities under Retail Sale Price based assessment.

1 MarExcise Notification (NT) 13/2016 dt 1 Mar 2016

Seeks to further amend the CENVAT Credit Rules, 2004.

1 MarExcise Notification (NT) 14/2016 dt 1 Mar 2016

Seeks to amend Notification No. 27/2012-Central Excise (N.T) so as to prescribe the time limit for filing application for refund of CENVAT Credit under Rule 5 of the CENVAT Credit Rules, 2004, in case of export of services

1 MarExcise Notification (NT) 15/2016 dt 1 Mar 2016

Seeks to prescribe the rate of interest at fifteen per cent per annum for the purposes of section 11AA of the Central Excise Act, 1944.

1 MarExcise Notification (NT) 16/2016 dt 1 Mar 2016

Seeks to amend Notification No. 42/2001 – Central Excise (N.T.) dated 26.06.2001 so as to make further amendments in notification No. 42/2001- CE (NT), dated the 26th June 2001.

1 MarExcise Notification (NT) 17/2016 dt 1 Mar 2016

Seeks to amend Notification No. 31/2007-Central Excise (N.T.), dated the 02.08.2007 so as to make further amendments in notification No. 42/2001- CE (NT), dated the 26th June 2001.

1 MarExcise Notification (NT) 18/2016 dt 1 Mar 2016

Seeks to amend Notification No. 19/2004-Central Excise (N.T.), dated the 06.09.2004 so as to carry out Budgetary changes.

1 MarExcise Notification (NT) 19/2016 dt 1 Mar 2016

Seeks to amend Notification No. 36/2001-Central Excise (N.T.), dated the 26.06.2001 so as to carry out Budgetary changes

1 MarExcise Notification (NT) 20/2016 dt 1 Mar 2016

Seeks to notify new Central Excise (Removal of Goods at Concessional rate of Duty for Manufacture of Excisable Goods), 2016

1 MarExcise Notification (NT) 21/2016 dt 1 Mar 2016

Seeks amend Notification No. 21/2004-Central Excise (N.T) dated 06.09.2004 so as to carry out Budgetary changes.

CBEC Notifications w.r.t. changes in Customs Duty

Date

Description of Customs Duty Notifications reg. Budget 2016-17

1 MarCustoms Notification 11/2016 dt 1 Mar 2016

Seeks to exempt CVD on imported media with recorded Information Technology Software on so much value as is equivalent to the value of the Information Technology Software recorded on the said media which is leviable to Service tax under Finance Act, 1994.

1 MarCustoms Notification 12/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 12/2012-Customs, dated the 17.03.2012 so as to carry out Budgetary changes. Details are contained in Joint Secretary (TRU – I) DO letter dated 29.02.2016.

1 MarCustoms Notification 13/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 171/93-Customs, dated the 16.09.1993 so as to increase the value limit for bona fide gifts imported by post or as air freight from Rs. Ten thousand to Rs. Twenty thousand.

1 MarCustoms Notification 14/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 39/96-Customs, dated the 23.07.1996 so as to withdraw exemption of specified duties of customs on goods specified therein

1 MarCustoms Notification 15/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 27/2011-Customs, dated the 01.03.2011 so as to exempt duty of customs leviable under the Second Schedule, to the Customs Tariff Act, 1975 (51 of 1975) [Export Duty] on items specified therein.

1 MarCustoms Notification 16/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 21/2012-Customs, dated the 17.03.2012 so as to specify the rate of additional duty of customs leviable under sub-section 3 (5) of Customs Tariff Act, 1975 for items specified therein

1 MarCustoms Notification 17/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 25/1999-Customs, dated 28.02.1999 so as to carry out Budgetary changes.

1 MarCustoms Notification 18/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 25/2002-Customs, dated the 01.03.2002 so as to carry out Budgetary changes.

1 MarCustoms Notification 19/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 24/2005-Customs, dated the 01.03.2005 so as to carry out Budgetary changes

1 MarCustoms Notification 20/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 230/86-Customs, dated the 03.04.1986 so as to make suitable amendments to the Project Import Regulations, 1986.

1 MarCustoms Notification 21/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 42/96-Customs, dated the 23.07.1996 so as to make suitable amendments to the list of specified projects under heading 9801 of the first schedule to the Customs Tariff

1 MarCustoms Notification 22/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 81/2005-Customs, dated the 08.09.2005 so as to carry out Budgetary changes

1 MarCustoms Notification 23/2016 dt 1 Mar 2016

Seeks to further amend Notification No. 72/1994-Customs, dated the 01.03.1994.

1 MarCustoms Notification (NT) 30/2016 dt 1 Mar 2016

Seeks to notify Baggage Rules, 2016.

1 MarCustoms Notification (NT) 31/2016 dt 1 Mar 2016

Seeks to further amend Customs Baggage Declaration (Amendment) Regulations, 2016.

1 MarCustoms Notification (NT) 32/2016 dt 1 Mar 2016

Seeks to notify the Customs (Import of Goods at Concessional Rate of Duty for Manufacture of Excisable Goods), Rules 2016.

1 MarCustoms Notification (NT) 33/2016 dt 1 Mar 2016

Seeks to fix the rate of interest under section 28AA of the Customs Act, 1962 and supersede notification No. 17/2011- Cus (N.T) dated 01.03.2011.

Clean Energy Cess Notifications w.r.t. Budget 2016-17

Date

Description of Clean Energy Cess Notifications

1 MarClean Energy Cess Notification 1/2016 dt 1 Mar 2016

Seeks to rescind Notification No. 1/2015-Clean Energy Cess dated 01.03.2015.

1 MarClean Energy Cess Notification 2/2016 dt 1 Mar 2016

Seeks to amend Notification No. 5/2010-Clean Energy Cess dated 01.03.2015.

Infrastructure Cess Notifications w.r.t. Budget 2016-17

Date

Description of Infrastructure Cess Notifications

1 MarInfrastructure Cess Notification 1/2016 dt 1 Mar 2016

Seeks to provide effective rates of Infrastructure Cess on specified goods.

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