Searched for
CENTRAL EXCISE
SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The...- Tamil Nadu steps up liquor quality checks across distilleries after Enrica controversyTamil Nadu has ordered strict quality testing across all state distilleries. This action follows public concern over a temporary ban and qu...
- CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 crHyderabad CGST Zone busted a clandestine pan masala and tobacco manufacturing unit. Officials detected approximately Rs 160 crore in duty a...
- DGGI officers bust clandestine pan masala, tobacco manufacturing network; detect tax evasion of Rs 185 croreDGGI officers busted a pan masala and tobacco manufacturing network in Uttar Pradesh. They seized twenty-seven undeclared pouch-packing mac...
- Fiscally fit: The counterintuitive move that helped India tame inflationIndia's inflation between 2010 and 2016 offers a lesson in fiscal discipline. Persistent deficits eroded confidence, leading to high inflat...
- Life insurer denied Rs 1 crore death claim over earlier policy postponement on medical grounds; here's why family wins in state commissionA life insurance claim was rejected due to alleged non-disclosure of a prior proposal. The insurer failed to prove the policyholder knowing...
- India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growthFitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal ...
- Government approves introduction of one billion polymer banknotes of Rs 10 and 20The government has approved polymer banknotes for field trials and regular issuance. Inflation has declined steadily, though recent pressur...
- Excise case: Delhi HC to hear on Monday ED plea against Arvind Kejriwal's bailThe Delhi High Court will on Monday hear the Enforcement Directorate’s plea challenging former Delhi chief minister Arvind Kejriwal’s bail ...
- CBIC weighs centralised GST registration under one PANThe proposal seeks to address a longstanding industry demand by examining whether businesses operating across multiple states can be admini...
- GST Tax officer can allege fraud first and prove it later, Rules Madras High Court; Why this matters to every taxpayerGST officers can now issue fraud notices with a reasonable basis. Proof of fraud is not required at the initial notice stage. Businesses mu...
- E20 petrol may affect turbocharged engines, damage rubber fuel-system parts in E10 vehicles; no issues found in two-wheelers: ARAI reportIndia has completed its nationwide E20 petrol rollout, which raises concerns for older vehicles. ARAI tests showed mixed results for four-w...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- India's coordinated, concerted effort shielded citizens during Hormuz energy disruption, says Amitabh KantIndia navigated a severe global energy crisis with remarkable success, ensuring normal life for its citizens. This achievement, according t...
- Petrol, diesel margins back to above pre-conflict levels: ReportState-run oil companies are poised for improved profitability as falling crude prices boost fuel marketing margins. While recent government...
- Government revises excise duty evasion limit to warrant arrestArrest and prosecution of a person henceforth can be resorted only if the offence relating to evasion of central excise duty or misuse of C...
- CBEC to withdraw 15-year old cases of Rs 5 lakh excise evasionIn a bid to cut litigation, the government has decided to withdraw central excise cases older than 15 years involving duty less than Rs 5 l...
- 30k officers of central excise, customs to go on 3-day strikeAbout 30k officers of Central Excise and Customs will observe a 3-day strike begining March 29, protesting against the working conditions.
- Central excise, srvc tax evasion of Rs 5k cr detected in FY'11Tax sleuths unearthed central excise and service tax evasion amounting to over Rs 5,500 crore in the 2010-11 financial year.
Load More
