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CENTRAL EXCISE DEPARTMENT
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
Ladakh observes complete shutdown, accuses Centre of 'dilly dallying' over pending demandsLadakh observed a complete shutdown Tuesday as residents protested alleged broken promises by the Union home ministry. Hundreds gathered in...
Northeast India poised to be next growth engine via sustainable agriculture and organic produce: Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted Northeast India's potential as a growth engine, emphasizing sustainable agriculture a...
India hikes diesel, ATF export levies from June 16India has increased the windfall tax on diesel and aviation fuel exports. The special additional excise duty on diesel exports will now be ...
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...
India waives excise duty on petrol with higher ethanolIndia's government is giving consumers a break by waiving excise duty on petrol. This move is tied to the increased use of ethanol blended ...
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
CAIT seeks further GST simplification, says monthly collections have risen sevenfold since rolloutTraders' body CAIT seeks simpler GST rules. Tax collections have surged since 2017, but ground-level compliance remains difficult. More sim...
Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power tableTamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government...
Inflation target can be cut if growth, stable prices persist: RBI deputy governorIndia might lower its inflation target and narrow the tolerance band. This consideration hinges on sustained robust economic growth and sta...
Central Excise and Service Tax department set to surpass targeted revenue collectionReferring to tax defaulters in the current fiscal, Singh said 250 cases had been registered on this account in the current fiscal in Bihar ...
Golden Tobacco gets Rs 121.55 crore tax noticeGolden Tobacco Ltd said it has been issued a Rs 121.55 crore demand notice by the central excise department, which the company is contestin...
CBI raids officials of Customs and Central Excise DepartmentThe CBI today registered three cases under the Prevention of Corruption Act against officials of the Customs and Central Excise department .
- Notice slapped on L&T for non-payment of Rs 160 cr excise duty
The central excise department has slapped a notice on L&T for alleged non-payment of excise duty of Rs 160 cr, a demand that the company sa...
- Steel makers cry foul over tax demand by central excise department
Steel makers in Punjab has termed the excise duty demand raised by the central excise department as unjustified.
- FM releases compendium of unique practices on indirect taxes
The compendium was released yesterday on the occasion of Central Excise Day. Mukherjee also released a DVD of a documentary 'Central Excise...
- Who gets the first right over dues?
The Supreme Court has decided to examine the central excise department’s plea seeking its direction over precedence of its claim over secur...