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EXCISE LEVY ON INDUSTRIAL ALCOHOL
Karnataka liquor volumes flat in H1 as beer gets three cheersKarnataka observed significant growth in beer sales, rising by 41% in the first half of the fiscal year. Indian-made liquor sales, however,...- Tax-exempt diesel expanded for wider access as Donald Trump signs special executive order in Nebraska. How will it benefit Americans?Diesel price in USA: G7 countries announced last week that they would release 100 million barrels of diesel, after pressure from US Presid...
- Industrial alcohol is the GST Council's unfinished federal business: States won the legal fight, but the 18% GST still appliesThe GST Council is set to meet regarding the regulation of industrial alcohol, which has been contested between the government and states. ...
- India launches anti-dumping probes into five Chinese products after domestic industry complaintsThe Directorate General for Trade Remedies in India is probing complaints from domestic producers about six imported products from China. A...
- Indonesia's mandatory halal rules may raise compliance burden for Indian exporters: GTRIOn October 17, Indonesia’s new halal-certification policies will take effect, significantly influencing Indian exporters across sectors. En...
- The debate is settling, the business is moving. Time to look at a larger set? 9 sugar-ethanol ecosystem stocks for the watchlistA new fuel programme is not an easy thing to implement. And it sparks intense debate. Ethanol, for instance, has taken over two decades to ...
- RoDTEP extension to help sustain exports in challenging global trade environment: CII's BudhiaThe government has extended the RoDTEP scheme until December 31 to support exporters effectively. This scheme offers refunds on various tax...
- UK weighs tariffs on Chinese EVs amid ‘dumping’ concerns: ReportBritain is contemplating the implementation of tariffs on Chinese electric vehicle imports in the near future. This consideration arises fr...
- Assam Cabinet approves Green Cess on vehicle ownership transfers, 12% quota for ex-AgniveersIn a recent meeting, the Assam Cabinet has ratified a Green Cess on vehicle ownership transfers. This initiative aligns with the introducti...
- Employers may soon be able to claim ITC on GST paid for employee insurance coverThe GST Council is gearing up to consider a proposal regarding input tax credit for employee insurance premiums. Currently, businesses cann...
- Celebrating Sports with Asiad Biryani and Olympic DrinksKerala’s Asiad biryani, Wimbledon’s strawberries and cream and the Olympics’ viral chocolate treats show how sports can inspire distinctive...
- G20 trade ministers deadlock on excess capacity, forced labour as US seeks tougher rulesG20 trade ministers met in Milwaukee but failed to reach an agreement on overproduction of goods. The Trump administration accused various ...
- Commercial LPG cylinder price hiked by Rs 62.50 in Delhi, ATF costlier by Rs 16 ahead of festive seasonFrom October 1, the price of a 19-kg commercial LPG cylinder in Delhi increased to Rs 2,810. This rise of Rs 62.50 marks a 2.3 percent incr...
- Fiscal path hinges on direct taxes as customs, excise revenues face pressure: ReportIndia's fiscal trajectory will increasingly depend on the strength of direct tax collections due to lower customs duties. Indirect tax reve...
- Centre cuts windfall tax on diesel, ATF exports from October 1The Centre has decreased the windfall tax on diesel exports to ₹16 per litre and ATF exports to ₹10.5. This decision, effective from Octobe...
- Happy Hours! UK trade pact brings scotch prices down in IndiaScotch prices in India have decreased significantly for the first time following the India-UK free trade agreement. Major brands like Johnn...
- Carbon credits need more than a nodBritain recognised India's Carbon Credit Trading Scheme (CCTS) as a qualifying carbon-pricing mechanism under its Carbon Border Adjustment ...
- US bans select Canadian products: Full list of alcohol, dairy, and motorcycle imports affectedNew US import restrictions on Canadian goods came into effect on September 29. The measures target selected alcoholic beverages, whey and o...
- Cornell University Rape Case: Diego Sarabia, one of 7 accused of ‘gang rape’ working at Wells Fargo bank, fired from job as case reopensThe sexual assault case involving seven Cornell University students is once again under the spotlight. Major developments include the job l...
- US import ban on Canadian alcohol, other products comes into effectA new US import ban on various Canadian products including alcohol has recently taken effect. This ban follows months of escalating trade t...
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