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Underground Mining Methods

high utilization of both men and machines in an efficient ore recovery system Post Room-and-Pillar Mining Post room-and-pillar mining or post-pillar mining is a combination of room-and- pillar and cut-and-fill stoping With this method, ore is recovered in horizontal slices starting from the bottom and advancing upward...

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Applicability Of Excise Duty On Waste And Scrap Sbsandco

Applicability of excise duty on waste and scrap is always been one of the perennial area of litigation under the Central Excise Law With intent to subject waste and scrap to excise duty, many of the waste and scraps which arises during the process of manufacture of various excisable goods are included in the Central Excise Tariff...

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Imported Goods GST 300

Feb 06, 1991 0183 32 e In respect of imported goods where the amount of any otherwise applicable customs duty or excise tax other than the GST is relieved by way of an Order in Council or an Act of Parliament eg, the Customs Tariff or the Customs Act , the value for GST purposes is to be reduced by the same amount unless the GST is otherwise reduced in the ....

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Zambian government issues 2021 budget EY

Oct 05, 2020 0183 32 Proposed change Introduction of excise duty at the rate of ZMW150 per liter on reconstituted milk and harmonize the customs duty rate at 15 for powdered milk The proposed change intends to revamp the local diary sector Proposed change Suspend customs duty on Greenhouse plastics of HS code heading 3921...

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Question 1 Explain Direct Tax and Indirect Tax

Dec 02, 2016 0183 32 Life of plant and machinery is 5 years and depreciation is allowed 20 on SLM basis Processing charges `2,00,000 and profit `5,00,000 The company is allowed to utilize tax credit of excise duty for plant and machinery in 2 annual installments and tax credit for VAT in 3 annual equal installments...

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Surface Mining Methods and Equipment

pit machinery can also be used for other purposes such as civil construction, whereas underground mining equipment is specialized and expensive A number of surface mines operate 24 hours/da y and almost 365 days/year in order to use open pit machinery for as many hours as possible, thereby reducing the number of machines required...

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Federal excise duty Department for Energy and Mining ,

In addition to the production duty applicable under items 20 and 21 of the Schedule to the Excise Tariff Act 1921, these products can also attract excise duty under item 10 of the Schedule unless they re used in the recovery, production, pipeline transportation or refining of condensate or stabilised crude oil as feedstock at a licensed refinery...

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Sociedade De Fomento v Collector Of Customs, Bombay ,

The primary question that arises for consideration in the case of the import of Dumpers/Loaders/Tractors is as to whether they are mining machinery and classifiable as such under item No 72 18 , read with Exemption Notification No 117-CUS dated 2081955, or they could be classified as conveyances under Item No 75 of the First Schedule to ....

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Performance Measurement of Mining Equipments by Utilizing ,

Acta Montanistica Slovaca Ročník 15 2010 , číslo 2, 95-101 95 Performance Measurement of Mining Equipments by Utilizing OEE Sermin Elevli1 and Birol Elevli2 Over the past century, open pit mines have steadily increased their production rate by using larger equipments which require...

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All Items Of Machinery Including Prime Movers, Instruments ,

Dec 14, 2021 0183 32 All Items Of Machinery Including Prime Movers, Instruments, Apparatus And Appliances, Control Gear And Transmission Equipment, Auxiliary Equipment including Those Required For Research And Development Purposes, Testing And Quality Control , As Well As Al Updated India Import Duty and Custom duty of Customs tariff of 2006, 2007, 2008 and 2009 ,...

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Guide to importing commercial goods into Canada Step 3 ,

Examples of goods subject to excise duty include Tobacco and certain alcohol products Complete references are available in the Excise Tax Act or the Excise Act, 2001 or for more information on GST, excise tax or excise duty, contact the Canada Revenue Agency Determine the value of the goods you are importing...

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What is Customs Duty? Definition of Customs Duty, Customs ,

Definition Customs Duty is a tax imposed on imports and exports of goods Description The rates of customs duties are either specific or on ad valorem basis, that is, it is based on the value of goodsRule 3 i of the Customs Valuation Determination of Value of Imported Goods Rules, 2007 states that the value of imported goods shall be the transaction value adjusted in ,...

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Duties and Taxes for Importers South African Revenue Service

May 04, 2021 0183 32 The VAT rate in South Africa is currently 15 To calculate VAT on imported goods, the ATV added tax value needs to be determined first This is done as follows Customs Value 10 thereof any non-rebated duties levied on the goods x 15 = ATV x 15 = VAT payable The 10 mark-up on the customs value in this calculation is ....

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EXCISE DUTY TABLES

Excise duty/hl/ 176 Plato Excise duty/hl/ 176 alc VAT Additional comments Excise duty/hl/ 176 alc VAT Applicable for Independent small breweries only Additional comments Excise duty/hl/ 176 Plato or / 176 alcohol Hectolitre Range VAT Additional comments Nat Curr EUR Nat Curr EUR Nat Curr EUR Nat Curr EUR From To The tax rate remains the same 1,4...

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Goods Service Tax, CBIC, Government of India Sectoral ,

The duty free imports under GST regime will be restricted to Basic Customs Duty Exemption from the additional duties of Customs, if any, under section 3 1 , 3 3 and 3 5 of the Customs Tariff Act, 1975 and exemption from Central Excise duty will be available for goods specified under the fourth Schedule to the Central Excise Act...

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TCS is required to be done on GST components also?

Sep 28, 2020 0183 32 Purchaser is required to pay the cost of liquor price which includes excise duty Under the law, purchaser is not in a position to get liquor without payment of excise duty Since the purchase price is inclusive of excise duty, therefore, tax will be recoverable on the actual price paid by the buyer inclusive of tax and excise duty...

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New Year Brings Several Law Changes Eesti Kaubandus ,

The 10 percent increase of the alcohol excise duty, which was supposed to enter into force in January will also be applicable from February The excise duty on beer will additionally be increased by 70 percent in July 2017 See more Full text ,...

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Customs/import duties

This chapter gives an overview of customs VAT, customs duty, Duty 1-2B Customs VAT, customs duty, Duty 1-2B Ad valorem excise duties on imports Table 5111 and table 512 show the customs value of imports, customs VAT, customs/import duties and excise duties on imports by sector...

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Import Duty Exemption on Machinery Equipment and Raw ,

Import duty exemption on machinery and equipment excluding spare parts and consumables imported or purchased from a Licensed Manufacturing Warehouse LMW , Bonded Warehouse or Free Zone FZ Under item 115 The machinery and equipment, must be new, unused and directly used in the manufacturing process of the finished...

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Mining Act 2010 Base Tax treaties In force Canada ,

Excise Duty Last working day of the following month , Exemption applicable to some cases including employment in farms and education 1 private sector , 05 public sector , Mining - machinery and spare parts thereof imported by a licenced mining company 0 and used in mining activities...

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Forms Australian Taxation Office

Forms for registered agents to lodge an application for a deferral Closely held trusts - adding or cancelling PAYG withholding business account Complete this application form to register for or cancel a pay as you go withholding business account for closely held trust purposes NAT 73798 Company tax return 2021...

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Import Procedure

Search a Panduan Ringkas Prosedur Import b Panduan Ejen Kastam Di Bawah Seksyen 90 Akta Kastam 1967 c Due Diligence Dan Kod Etika Ejen Kastam d Makluman Mengenai Duti Bagi Kenderaan Import Pelajar e Garis Panduan Pelepasan Barangan Yang Dibawa Masuk Semula Dari Pelabuhan Kastam Dan Pelabuhan Zon Bebas...

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Government Excise tax tariff changes for machinery ,

Jan 28, 2019 0183 32 Present Excise duty for machines for assembling elec tubes as per new India Budget Is Excise taxes applicable for office machines in India Budget Excise tax charges payable for automatic data process machines, computer ,...

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Basic Rate of duty

Goods - See Customs Tariff Tariff / Classification Basic Rate of Duty - 1st Sch Export Tariff - 2nd Sch Duty Drawback Rat Other Schedules ITC - HSN Classification Import Policy - 1st Sch Export Policy - 2nd Sch General Notes / Appendix ,...

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Nigeria Customs Service Tariff / Duty Calculation

The Value Added Tax VAT set on imports has a standard rate of 5 and this covers the sum of CIF value, duty, work out percentages , excise and other taxes as it appli Others are 7 Surcharge = 7 of Base Duty 5 TLS Ecowas Levy = 05 of CIF Value 1 CISS Inspection Fee = 10 of FOB Price...

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Current and Deferred Tax Slides Tax Training PPT

Classes of machinery Rates I Tractors, combine harvesters, heavy earth moving equipment, other self-propelling machines of similar nature including buses and lorries 375 IIComputer and related hardware, calculators, copiers and duplicating and fax machines 30 III Other vehicles and aircrafts 25 IV All other machinery, including ships ....

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Kenya enacts Tax Laws Amendment Act, 2020 EY

Apr 28, 2020 0183 32 Excise duty Amendment of the definition of other fees as per the Excise Duty Act The Act has amended the definition to provide clarity that only other fees as defined in the Act which relate to licensed activities are subject to excise duty This makes it clear that fees earned from non-financial activities are not subject to excise duty...

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Uganda Tax Datacard

10 applicable to contractors servicing mining and petroleum operations 4 Disposal of investments , Machinery and spare parts thereof imported by a licenced mining company and used in mining activities ii machinery and inputs except motorvehicles imported by a licenced company for direct use in oil, gas or , Excise duty / rate Goods ....

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Concession schemes for importing goods

This Program is administered by the Department of Industry, Science, Energy and Resourc For more information, see CIM Program Fact Sheet Tradex The Tradex Scheme provides an up-front exemption from customs duty and goods and services tax on imported goods intended for re-export or to be used as inputs to exported goods The Scheme removes ....

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Zambian Government issues 2021 Budget

Proposed change Introduction of excise duty at the rate of ZMW150 per liter on reconstituted milk and harmonize the customs duty rate at 15 for powdered milk The proposed change intends to revamp the local diary sector Proposed change Suspend customs duty on Greenhouse plastics of HS code heading 3921...

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