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Indirect Tax Laws

Notes (4) Transfer of Business: Where a registered person transfers his business to another person,
the transferee shall get himself registered afresh.

(5) Change in the constitution: Where a registered person is a firm or a company or association
of persons, any change in the constitution of firm, company or association, shall be intimated
to the jurisdictional Central Excise Officer within thirty days of such change.

(6) De-registration: Every registered person, who ceases to carry on the operation for which
he is registered, shall de-register himself by making a declaration in the form and
depositing his registration certificate with the Superintendent of Central Excise.
(7) Revocation or suspension of registration: A registration certificate granted under this
rule may be revoked or suspended by the Assistant Commissioner of Central Excise or the
Deputy Commissioner of Central Excise, if the holder of such certificate or any person in
his employment, is found to have committed breach of any of the provisions of the Act or
the rules made thereunder or has been convicted of an offence under Section 161, read with
Section 109 or with Section 116 of the Indian Penal Code (45 of 1860).

Source: http://taxguru.in/excise-duty/procedure-central-excise-registration-grant-registration-
certificate.html

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Case Study UK Vehicle Excise Duty

n illustration of the way differential tax rates can be used by governments to
promote ‘greener’ products can be found in the UK car market. Here, car owners
Apay an annual charge for the use of their vehicle, known as Vehicle Excise Duty.
In 2001, VED was for the first time related to the carbon dioxide (CO ) emissions of an
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individual vehicle.
Environmental groups in the UK had been pressing for a reform of the VED regime for
years. Until the late 1990s, car owners in the UK had been required to pay a flat-rate charge
for using their vehicle, unrelated to the type of car they chose to purchase and use.

Vehicles registered on or after 1 March 2001 are categorised into one of four VED bands,
according to their emissions. In general, the larger the car, the more fuel it consumes and
the more CO it produces, so the more tax has to be paid by its owner.
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The Driver and Vehicle Licensing Agency, which administers the scheme on behalf of the
UK government, explains: ‘The new system of VED based on CO sends a clear signal to
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vehicle manufacturers and purchasers about the environmental impact of the cars they
make and use, and encourages the use of more fuel-efficient cars.’
The categories and tax rates for petrol-engined cars are summarised below:
Band CO2 emission (g/km) Annual tax (£)
A Up to 150 100
B 151 to 165 120
C 166 to 185 140
D Over 185 155

Contd....

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