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EXCISE DUTY RETURNS
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...15 Jun, 2026, 08.11 AM IST- Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week, w...19 May, 2026, 09.23 AM IST
- Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...18 May, 2026, 11.18 AM IST
- India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...12 May, 2026, 05.00 AM IST
- India’s fuel resilience amid global oil turmoilThe article describes India’s economy as “resilient” amid the West Asia crisis, highlighting the country’s ability to maintain stable fuel ...09 May, 2026, 01.25 PM IST
- Centre eyes Rs 5,000 crore relief, China’s Hotan route to ease airline stress amid Iran war: ReportThe Indian government is considering multiple relief measures for airlines facing high operating costs and reduced traffic due to the ongoi...27 Apr, 2026, 11.12 PM IST
- 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...20 Apr, 2026, 06.30 AM IST
- Government clarifies stand on jewellery excise, levy only on principal jewellery makersThe Budget had imposed a 1% excise duty without input tax credit and 12.5% with input tax credit on articles of jewellery.19 Mar, 2016, 01.55 AM IST
- Artisans, job workers exempt from 1% excise on jewellery: Finance MinistryIn a bid to calm the frayed nerves of jewellers, the finance ministry said artisans and job workers will not have to pay this levy.18 Mar, 2016, 10.38 PM IST
- Automatic cancellation of registration for excise, service tax on cardsRegistration of a manufacturer will be cancelled automatically if excise duty returns are not filed for six months, as per the latest gover...05 Apr, 2012, 09.33 PM IST
- Tata Tea must pay duty on goods rejected by buyers: CESTATTax tribunal CESTAT has directed Tata Tea to pay excise duty on a consignment of goods that was rejected by buyers, as the company has foll...18 Jun, 2010, 06.32 PM IST
- FM tells CBEC to nail excise evadersConcerned over sluggish excise duty collections, Chidambaram on Thursday asked the CBEC to devise a third-party information system, review ...30 May, 2008, 02.04 AM IST
- FM concerned about poor growth in excise duty collectionExpressing concern over sluggish excise duty collection, Finance Minister P Chidambaram admitted that meeting the budgetary target of Rs 1,...29 May, 2008, 03.55 PM IST
- PC loads capacity norm to fix excise evasion glitchWhile the industry may be celebrating the reduction in median excise duty rate from 16% to 14%, the return of a small, seemingly innocuous,...04 Mar, 2008, 02.29 AM IST
- Govt to use I-T experience to boost excise collectionAnnual information return (AIR) brought in to track income-tax evasion may come handy in excise duty as well06 Mar, 2007, 02.06 AM IST
- Govt may bring excise duty, service tax closerA Convergence of service tax rate of 12 % and a median excise duty of 16% may be on the cards.27 Oct, 2006, 03.05 AM IST
- MoF on Cenvat credit trail, asks 4,000 firms for detailsThe Finance Ministry has decided to scrutinise Cenvat credit offtake by companies in these sectors to check misuse.24 Oct, 2004, 10.01 PM IST
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