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EVASION OF EXCISE DUTY
Ladakh's new excise policy eases restrictions on liquor saleLadakh's new Excise Policy permits hard liquor sales, reduces license documents from 16 to six, and expands availability to four more distr...
Direct vs indirect taxes: Key differences and how they impact taxpayers and prices in IndiaIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
SC paves way for trial against RIL in 1987 excise evasion caseThe bench said that there was no justification for the high court to quash the charge merely on the ground that a rule have been omitted.
Not considering strict laws to check excise duty evasion: Jayant SinhaSinha further said existing provisions under the present laws are adequate to check evasion of these indirect tax/levies.
Finance Ministry detects over Rs 1800 crore excise duty evasion in 2013-14As many as 379 cases of central excise duty evasion were registered by the Directorate General of Central Excise Intelligence during the la...
Finance Ministry detects about Rs 1,000 cr customs, excise duty evasionThe Finance Ministry has detected customs and excise duty evasion of at least Rs 1,000 crore between January and July.
- Ramdev's firms evaded excise duty worth over Rs 20 crore
Central Excise sleuths raided the firms of yoga guru Ramdev and claimed to have detected evasion of excise duty of over Rs 20 crore.
Finance Ministry detects tax evasion of over Rs 4,500 croreOut of the total Rs 4,744.92 cr of indirect tax evasion detected during Apr and December last year, officials made a recovery of Rs 531 cro...
DGCEI detects Rs 2540 crore evasion of Central excise, service taxThe Mumbai unit of Directorate General of Central Excise Intelligence has detected over 464 cases involving the evasion of excise duty and ...
Budget 2013: Govt seeks to get tougher on service tax, customs violationsChidambaram has inserted at least half-a-dozen provisions in the Finance Bill to make certain offences related to customs and excise duty n...
- Tax sleuths crack down on cigarette makers for duty evasion
Besides, the officials have also seized cigarettes worth Rs 48 lakh during the raids.
Tax department probing Rs 200 crore excise duty evasion by CadburyThe government on Thursday said the tax department is investigating alleged excise duty evasion to the tune of Rs 200 crore by confectioner...
Excise duty on alcohol a recipe for hooch deathsThe higher the level of excise duty, the higher the gain from evasion, the greater the incentive to evade, the greater the bribes to be pai...
- Central excise, srvc tax evasion of Rs 5k cr detected in FY'11
Tax sleuths unearthed central excise and service tax evasion amounting to over Rs 5,500 crore in the 2010-11 financial year.
- Database to check excise duty evasion
Companies will now have to declare their installed capacity, as the finance ministry is looking at creating an extensive database on produc...
- Finmin to use third party info to detect excise duty evasion
The Finance Ministry is likely to come out with a plan to gather information on evasion of excise duty through sources like electricity bil...
- Excise to check evasion in VAT :FM
The excise department could take the help of state governments’ data bank on value-added tax (VAT) collections besides carrying out “high-i...
- FM tells corporates to pay excise duty
Finance Minister P Chidambaram on Wednesday expressed concern about the "sizable" evasion of excise duties and asked corporates to pay thei...
- Govt to use I-T experience to boost excise collection
Annual information return (AIR) brought in to track income-tax evasion may come handy in excise duty as well
- Excise Dept cracks down on duty evaders
The total duty evasion in these cases is about Rs 10 crore, CBEC spokesperson said on Friday.