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Suggestions Invited on Draft Central Excise Bill, 2024

Suggestions Invited on Draft Central Excise Bill, 2024
Start Date :
Jun 07, 2024
Last Date :
Jun 26, 2024
18:15 PM IST (GMT +5.30 Hrs)
Submission Closed

The Central Board of Indirect Taxes and Customs (CBIC) has prepared a draft of the 'Central Excise Bill, 2024'. This new draft bill aims to replace the outdated Central Excise Act, ...

The Central Board of Indirect Taxes and Customs (CBIC) has prepared a draft of the 'Central Excise Bill, 2024'. This new draft bill aims to replace the outdated Central Excise Act, 1944, with a comprehensive and modern central excise law. The primary focus of the consultative process is to enact a law that factors in ease of doing business and removes redundant provisions. The draft bill comprises 12 chapters, 114 (one hundred and fourteen) sections and two schedules.

Your suggestions/comments/views are invited in the pre-legislative consultative process on the draft Bill for shaping an efficient, clear, and business-friendly law on the MyGov platform.

How to Participate:
1. Review the draft of the 'Central Excise Bill, 2024' on the CBIC website HERE.
2. Submit your suggestions/comments/views in the following format by 26th June 2024.

Sl.No. | Clause No. of the draft Bill | Title of the Clause | Proposed modification, if any | Reasons, Comments or Remarks

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Showing 546 Submission(s)
SANJAY SARKAR
SANJAY SARKAR 2 years 3 months ago
to relook at excise duty on goods produced or manufactured in a Special Economic Zone (SEZ). Any excise duty exemption will require separate notification.
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SANJAY SARKAR
SANJAY SARKAR 2 years 3 months ago
reduction in compliance burden, and provide a comprehensive legal framework better suited to the current economic landscape,
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SANJAY SARKAR
SANJAY SARKAR 2 years 3 months ago
relook at excise duty exemption given to the special economic zones (SEZ) and introduce stricter audit processes to increase transparency on the lines of GST and customs. 
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SANJAY SARKAR
SANJAY SARKAR 2 years 3 months ago
The bill 2024 proposes to do away with the outdated provisions, align excise law with the GST and customs framework to ensure a more cohesive indirect tax system and incorporate the CENVAT credit provisions previously governed by a separate delegated legislation
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subodh bansal
subodh bansal 2 years 3 months ago
National Challenges not addressed while preparing this bill. government need to learn this idea. government apply very old idea of penalty if any fraud committed. But not ready to apply new ideas to handle Tax evasion.
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subodh bansal
subodh bansal 2 years 3 months ago
My post no. 6 Creativity, easyness, quickness, better technology application are totally missing in this bill. More complications, dispute, legal court case will increase after this bill. idea is important but Implementation is more important. Government nedd to learn right policy Implement process.
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subodh bansal
subodh bansal 2 years 3 months ago
my post no. 5 government is first party for tax collection. manufacturer is second party who pay tax. advocate and CA are third party who create fraud. but fourth party missing. Change Maker who will observe the situation and gives ideas for minimize fraud. So invite all four party for detail discussion.
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subodh bansal
subodh bansal 2 years 3 months ago
Excise bill objective is maximum tax collection. but should also focus on easy understanding of Excise duty. slogan, song, logo and messages should also part of Excise duty. This Excise bill prepared by government officers. it should manufacturers and public friendly. invite change maker for face to face discussion. otherwise GST type fraud will happen in excise act.
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subodh bansal
subodh bansal 2 years 3 months ago
my post no. 3 Excise duty Name given by britsher. Manufacturing Duty नाम रखे या production duty नाम रखे उत्पाद शुल्क नाम हिन्दी में ठीक है।
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