1. WORKSHOP ON EXCISE AND SERVICE TAX by swamy associates 15.02.2008

2. CENTRAL EXCISE

3. MANUFACTURE
Section 2 (f)
Deemed manufacture.
Third schedule.

4. VALUATION
Section 4 – Transaction Value

5. SECTION 4 & Valuation Rules
Rule Comparable goods.
Rule Freight and Insurance.
Rule Additional consideration.
Rule Depot clearance.
Rule Captive consumption.
Rule Related person.
Rule Interconnected undertaking.
Rule 10A – Jobwork.
Rule Best judgement

6. SECTION 4 A
Weights and Measures.
OE Exemption.
Different MRP.

7. APPELLATE / OTHER REMEDIES
Commissioner (Appeals).
CESTAT.
Settlement Commission.
Pre deposit.

8. CENVAT CREDIT Inputs / Capital Goods / Input Services.
Cross utilisation.
Input Service Distributor.
Rule 6.
4 % CVD – credit thereof.
Jobwork vis-à-vis 214/86.

9. RECENT EVENTS Credit on outward transportation.
Credit on outdoor catering.
Removal of used capital goods.
Write off / Provision.
Interest on supplementary invoices.

10. LTU Eligibility. Transfer of Credit. Removal of intermediate goods.
Adjustment of excess duty paid.
Removal of credit availed inputs &
capital goods.

11. SERVICE TAX

12. Basic Features Statutory provisions. Levy on service provider
- Exceptions.
Levy on realisation.

13. Valuation. Gross amount. Consideration in kind. Reimbursements.
Abatements.
Service provided free.

14. Certain important services.
Business auxiliary service.
Business support service.
Construction service.
E/C/I.
Franchisee Service.
Intellectual Property service.

15. Certain important services.
Goods Transport Agency service.
Renting of immovable property.
Works Contract service.
Repairs & Maintenance.
Ungal choice.

16. Export of services.
Criteria.
Benefits.

17. Import of services. Position from 28.02.1999.

18. RECENT EVENTS Revised return. Fee for delayed return.
Utilisation of credit for GTA.
Export related refund.
Self adjustment.

19. THANKS