BareLaws

The Central Excise Act, 1944

Act No. 01
24-Feb-1944

1. Short title, extent and commencement .

2A. References of certain expressions .

3. Duty specified in the Fourth Schedule to be levied .

3A. Power of Central Government to charge excise duty on the basis of capacity of production in respect of notified goods .

3B. Emergency power of Central Government to increase duty of excise .

3C. Power of Central Government to amen d Fourth Schedule .

4. Valuation of excisable goods for purposes of charging of duty of excise . Illustration

4A. Valuation of excisable goods with reference to retail sale price .

5. Remission of duty on goods found deficient in quantity .

5A. Power to grant exempt ion from duty of excise .

5B. Non -reversal of CENVAT credit .

6. Registration of certain persons .

8. Restriction on possession of goods specified in the Second Schedule .

9. Offences and penalties .

9A. Certain offences to be non -cognizable .

9AA. Offences b y companies .