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Central Excise Tariff Act

This quiz covers the key aspects of the Central Excise Tariff Act, an important legislation governing excise duties in India.

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

What is the primary objective of the Central Excise Tariff Act?

  1. To regulate customs duties on imported goods
  2. To impose excise duties on domestically produced goods
  3. To determine income tax rates for individuals and businesses
  4. To govern the sale and distribution of alcoholic beverages
Question 2 Multiple Choice (Single Answer)

Which authority is responsible for administering the Central Excise Tariff Act?

  1. Central Board of Direct Taxes (CBDT)
  2. Central Board of Excise and Customs (CBEC)
  3. Directorate General of Foreign Trade (DGFT)
  4. Reserve Bank of India (RBI)
Question 3 Multiple Choice (Single Answer)

What is the basic structure of the Central Excise Tariff Act?

  1. It consists of a single chapter and multiple sections
  2. It is divided into several chapters, each dealing with a specific aspect
  3. It is organized into parts, with each part covering a different topic
  4. It is structured as a series of schedules, listing various goods and their applicable duties
Question 4 Multiple Choice (Single Answer)

Which chapter of the Central Excise Tariff Act deals with the classification of goods for excise duty purposes?

  1. Chapter II
  2. Chapter III
  3. Chapter IV
  4. Chapter V
Question 5 Multiple Choice (Single Answer)

What is the significance of the First Schedule to the Central Excise Tariff Act?

  1. It lists the goods exempted from excise duty
  2. It specifies the rates of excise duty applicable to different goods
  3. It provides guidelines for determining the value of goods for excise duty purposes
  4. It contains the rules and procedures for filing excise duty returns
Question 6 Multiple Choice (Single Answer)

Under which section of the Central Excise Tariff Act can a manufacturer claim a refund of excise duty paid?

  1. Section 11
  2. Section 12
  3. Section 13
  4. Section 14
Question 7 Multiple Choice (Single Answer)

What is the time limit for filing an appeal against an order passed by the Central Excise authorities?

  1. 30 days
  2. 60 days
  3. 90 days
  4. 120 days
Question 8 Multiple Choice (Single Answer)

Which authority is responsible for hearing appeals against Central Excise orders?

  1. Central Excise Appellate Tribunal (CEAT)
  2. High Court
  3. Supreme Court
  4. National Consumer Disputes Redressal Commission (NCDRC)
Question 9 Multiple Choice (Single Answer)

What is the penalty for non-payment of excise duty?

  1. Fine only
  2. Imprisonment only
  3. Both fine and imprisonment
  4. None of the above
Question 10 Multiple Choice (Single Answer)

Which section of the Central Excise Tariff Act deals with the confiscation of goods in case of evasion of excise duty?

  1. Section 11A
  2. Section 12A
  3. Section 13A
  4. Section 14A
Question 11 Multiple Choice (Single Answer)

What is the purpose of the Central Excise Tariff (Amendment) Act, 2022?

  1. To increase the rates of excise duty on certain goods
  2. To introduce new exemptions from excise duty
  3. To streamline the procedures for filing excise duty returns
  4. To amend the classification of goods for excise duty purposes
Question 12 Multiple Choice (Single Answer)

Which section of the Central Excise Tariff Act provides for the grant of exemption from excise duty to manufacturers of small-scale industries?

  1. Section 8
  2. Section 9
  3. Section 10
  4. Section 11
Question 13 Multiple Choice (Single Answer)

What is the threshold limit for availing the exemption under Section 8 of the Central Excise Tariff Act?

  1. Rs. 1 crore
  2. Rs. 2 crores
  3. Rs. 3 crores
  4. Rs. 4 crores
Question 14 Multiple Choice (Single Answer)

Which authority is empowered to grant exemption from excise duty under Section 8 of the Central Excise Tariff Act?

  1. Central Board of Excise and Customs (CBEC)
  2. Commissioner of Central Excise
  3. Assistant Commissioner of Central Excise
  4. Superintendent of Central Excise
Question 15 Multiple Choice (Single Answer)

What is the validity period of the exemption granted under Section 8 of the Central Excise Tariff Act?

  1. 1 year
  2. 2 years
  3. 3 years
  4. 4 years
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