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India simplifies Nepal relief supply process

India on Monday said it has put in place a simplified procedure to expedite and facilitate transit clearances of relief supplies to Nepal which is still reeling under the impact of the massive......

GST bill taken up in LS, fate uncertain in RS

The long-delayed Goods and Services Bill was taken up for consideration in the Lok Sabha on Tuesday after Finance Minister Arun Jaitley appealed to parties to rise above partisan considerations to......

It needs more than empty symbolism to restore the Congress's shine

'Sonia Gandhi can't rejuvenate the party, her heir is fodder for stand-up comedians, and nobody in the Congress has the guts to question the Nehru-Gandhis,' says T V R Shenoy. On March 12, 1930,......

GST rollout needs more changes to service tax, excise: Sinha

Amendments to RBI Act likely soon, minister of state for finance says in his first post-Budget interview The government would within two months try to move amendments to the Reserve Bank of India......

Duty rejig on petrol, diesel to give Rs 40K cr for road projects

Finance Minister Arun Jaitley on Saturday rejigged excise duty on petrol and diesel to make available an additional Rs 40,000 crore (Rs 400 billion) for road and highway development. Petrol......

Why FinMin wants taxmen to be cautious while summoning CEOs

Finance Ministry has asked excise and service tax officials to exercise caution while summoning CEOs and top functionaries of large firms or PSUs for probing any revenue cases. Summons should be......

'Excise cut extension to help growth momentum'

Welcoming Finance Minister Arun Jaitley's move to extend excise duty concession till December 31, consumer durables firms on Wednesday said it will help the sector which has seen some growth in the......

'India's economy can never improve if agriculture is neglected'

To Asim Dasgupta (below, left), former minister for finance and excise in Bengal’s erstwhile Left Front government, the fundamental reason for India’s poor economic health is its......
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'Hawala' money worth Rs 29.5 lakh seized

strict. Malappuram Excise Inspector T Rajeeve said he and his team, on a routine vehicle check up, signaled the motorcycle rider to stop, but he... ...

http://www.business-standard.com/article/pti-stories/hawala-money-worth-rs-29-5-lakh-seized-115070301264_1.html
Three held for selling illicit liquor

Three bootleggers, two of them women, were today arrested on charge of trading illicit country liquor. Excise department personnel said the illicit... ...

http://www.business-standard.com/article/pti-stories/three-held-for-selling-illicit-liquor-115070301067_1.html
ITC says fiscal challenging for cigarette business

KOLKATA: The diversified ITC Ltd has said the current fiscal will be "challenging" for its flagship cigarette business due to steep increase in... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/47cec57e/sc/7/l/0Leconomictimes0Bindiatimes0N0Cindustry0Ccons0Eproducts0Ctobacco0Citc0Esays0Efiscal0Echallenging0Efor0Ecigarette0Ebusiness0Carticleshow0C479256440Bcms/story01.htm
Astec Lifesciences to pay Rs 93.69 lakh towards excise duty & penalty

ollowing order passed by the Customs & Central Excise Settlement Commission Astec Lifesciences announced that the Company has received an order... ...

http://www.business-standard.com/article/news-cm/astec-lifesciences-to-pay-rs-93-69-lakh-towards-excise-duty-penalty-115070300721_1.html
Bird eye view of recent judgements

Dear All, I am sharing with you bird eye view of some recent judgements: CASE-I CENVAT credit of input services received prior to 01 March... ...

http://www.caclubindia.com/articles/bird-eye-view-of-recent-judgements-24265.asp

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