Elements of Central Excise & Customs Law

Division One:Central Excise

Background of Indirect Tax Law Liability of Central Excise Duty Manufacture and Production Manufacturer Classification of Goods MRP Based Valuation Transaction Value in Excise Valuation Rules Procedures in Excise Export and Central Excise Introduction to CENVAT Inputs, Input Services & Capital Goods Utilisation of CENVAT Credit Duty Paying Documents for CENVAT Exempted Goods/Output Services Removal of Input, Capital Goods and Waste Miscellaneous Provisions of CENVAT Excise Concession to SSI Assessment Demands of Excise Duty Refund of Duty Exemption from Duty Captive Consumption Job Work under Central Excise Other Topics in Central ExciseDivision Two: Customs Law Introduction to Customs Duty Type of Custom Duties Valuation for Customs Duty Methods of Valuation For Customs Customs Procedures Baggage, Courier and Post Exemptions, Remission and Re-Imports Demands, Refunds and Recovery in Customs Warehousing in Customs Other Provisions in Customs Law Export Promotion Schemes Duty Drawback EOU and Similar Schemes Special Economic ZonesDivision Three:CommonTopics in Excise and Customs Powers of Customs & Excise Officers Penalties and Confiscation Criminal Offences Settlement Commission & AAR Appeals - General Provisions First Appeal Appeal to Tribunal Appeal to High Court and Supreme Court Before the ExaminationEdition: 27Price:Rs.295 ImpairmentAnalysisFair Value Less Costs to Sale BusinessCombinationFair Value Based Acquisition Accounting FinancialInstrumentsPuttable Instruments Classified as EquityAccounting for Short Selling and REPOZero Coupon BondAmortised Cost MethodHeld to Maturity Tainting RuleClassifying Floating Rate Loan as HTMSegregation of embedded DerivativesCompound Financial InstrumentsReclassification AdjustmentsHedge Accounting and Unwinding of Hedges ServiceConcession ArrangementsCash Flow Approach and Intangible AccountingApproach InvestmentProperty   Agriculture IncomeTaxTax BaseTaxable Temporary DifferenceDeductible Temporary Difference CurrencyTranslationSegregation of Currency Fluctuation Element from fair Value Changes

Division One : Central Excise

• Background of Indirect Tax Law
• Liability of Central Excise Duty
• Manufacture and Production
• Manufacturer
• Classification of Goods
• MRP Based Valuation
• Transaction Value in Excise
• Valuation Rules
• Procedures in Excise
• Export and central excise
• Introduction to Cenvat
• Inputs, Input services & Capital goods
• Utilisation of Cenvat Credit
• Duty paying documents for Cenvat
• Exempted goods/output services
• Removal of input, capital goods and waste
• Miscellaneous provisions of Cenvat
• Excise concession to SSI
• Assessment
• Demands of Excise Duty
• Refund of Duty
• Exemption from Duty
• Captive consumption
• Job work under Central Excise
• Other Topics in Central Excise

Division Two : Customs Law

• Introduction to Customs Duty
• Type of Custom Duties
• Valuation for Customs Duty
• Methods of Valuation for Customs
• Customs Procedures
• Baggage, Courier and Post
• Exemptions, Remission and Re-imports
• Demands, refunds and Recovery in customs
• Warehousing in customs
• Other Provisions in Customs Law
• Export Promotion Schemes
• Duty Drawback
• EOU and Similar Schemes
• Special Economic Zones

Division Three : Common Topics in Excise and Customs

• Powers of Customs & Excise Officers
• Penalties and Confiscation
• Criminal Offences
• Settlement Commission & AAR
• Appeals - General provisions
• First Appeal
• Appeal to Tribunal
• Appeal to High Court and Supreme Court
• Before the Examination