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CENTRAL EXCISE ZONE
Mob disrupts Railway traffic near Patna; police resort to lathi-charge, fire tear gas shellsRailway traffic near Patna was disrupted by a mob alleging insufficient trains for a competitive exam. Police used tear gas and lathi-charg...- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- Behind the petrol pump: Why fuel retailers losing Rs 7-8 per litre need $85 crude oil to stop bleeding cashOil companies face continued losses of Rs 7-8 per litre on petrol and diesel, with a breakeven point only at crude prices of $85-87 a barre...
- Central Excise Bill may be introduced in budget sessionThe Centre is set to introduce the Central Excise Bill, 2024 to replace the outdated Central Excise Act, 1944 and align excise law with GST...
- CBIC mulling organisational restructuring to make it more effective, do away with overlappingThe CBIC is mulling a comprehensive restructuring of the organisation to make it more effective and remove overlapping, if any, as many of ...
- Around 50,000 traders get GST registration nos in MumbaiGST was implemented from July 1. The last date of filing of simplified returns without transitional credit is August 20 while with transiti...
- Proposal to refund central GST on goods made in excise-free zones to help auto, FMCG and pharma companiesSuch exemptions have largely been scrapped under GST as part of efforts to create a common market across India with as few interstate varia...
- GST Mumbai zone to have 21 commissioneratesThere will be 21 commissionerates in the GST Mumbai zone, pared down from the existing 27 under the Service Tax and Central Excise departme...
- Higher oil prices pushes up excise collection from city 27%Cigarette major Godfrey Phillips paid 9 per cent more revenue at Rs 818 crore during the period compared to Rs 750 crore.
- Central Excise mop-up from Mumbai jumps 29% in Apr-Feb periodRevenue collection from the cigarette major Godfrey Phillips grew by 14 per cent to Rs 774 crore from Rs 678 crore a year ago.
- CBEC to be rechristened as CBIT under GST regimeThe government plans to implement the new indirect tax regime goods and services tax (GST) from April 1, 2017. GST will subsume central exc...
- Excise mop up from Mumbai soars 36% to Rs 15,729 crore in Q1Revenue collection from oil majors like BPCL and HPCL, which fall under Zone-II, almost doubled to Rs 8,399 crore from Rs 4,727 crore a yea...
- IRS officer appointed OSD to Finance MinisterSankhla, a 2008 batch officer of Indian Revenue Service (Customs and Central Excise), is now working as Deputy Commissioner in Ahmedabad.
- RIL's export to Bahamas: Investigators rule out foul play"All is well… The preliminary enquiry has found nothing wrong with the export data or exports," a finance ministry official told ET.
- New centralised tax system by this year-end: D P DashThe new centralised system for processing excise and service tax which would the save tax payers time and money would be rolled out across ...
- Gujarat emerges No 2 in customs duty collectionsGujarat has emerged as the second largest contributor to the Centre’s customs duty collections for the first nine months of this financial ...
- Mobilisation from revenue arrears hits Rs 779 croreArrears collection by the revenue department has gone up. Facing a target of Rs 2,450 crore during ’06-07 in terms of excise, customs and s...
- CBEC starts PAN-based excise registrationIn a bid to streamline excise administration, the Central Board of Excise & Customs (CBEC) has introduced a new system of registration base...
- Duty-free imports for SEZs notifiedThe government has notified the long-awaited duty-free imports of inputs and materials by developers of special economic zones (SEZs) and s...
- CII wants simpler excise, customs proceduresThe Confederation of Indian Industry on Wednesday asked the government to make necessary changes in the Finance Bill and tax laws to make p...
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