A tax known as the Central Value Added Tax (CENVAT), commonly referred to as Excise duty, is levied on the manufacture and production of ‘excisable goods’ in India. This tax is levied under Central Excise Act, 1944 and administrative by the Union Government of India.
Dhanbad Commissionerate (earlier Dhanbad Division) was carved out from erstwhile Ranchi Commissionerate which came into existence with w.e.f. 15.10.2014. Dhanbad Commissionerate is basically an Excise Commissionerate. The important commodities produced in Dhanbad Commissionerate are Coal & Coke, Iron Steel, Ceramic products and Biris. However, major revenue is collected from Coal & Coke and the major units of this Commissionerate are units of ECL and BCCL. These units are paying 95% of Central Excise duty of revenue collected in Dhanbad Commissionerate.
The revenue collection for last five years of Dhanbad Commissionerate is as under:
|Revenue realized (Rs. in Crore)