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Custom And Excise

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SC quashes parts of tribunals reforms law as unconstitutional

The Supreme Court on Wednesday struck down several provisions of the 2021 tribunals reforms law related to the appointment, tenure, and service conditions of members of various tribunals, saying......

Presidential award for 32 Customs, Excise men

The government will honour 32 Customs and Excise officials for showing exceptional commitment and devotion to duty on a sustained basis while achieving goals set for their organisations.They will......

Grievances piling Up, Modi demands action against Customs, Excise officials:

Taking strong exception to complaints and grievances of people concerning the customs and excise sectors, Prime Minister Narendra Modi on Wednesday said strict action would be taken against erring......

Cooking gas to be costlier by Rs 50 from Tuesday

The domestic cooking gas Liquified Petroleum Gas (LPG) price on Monday was hiked by a steep Rs 50 per cylinder across India and CNG by Re 1 per kg, while the government raised taxes on petrol and......

IRS officer, kin found dead at Kerala home; sister was facing CBI case

The Kerala Police on Saturday said it is probing various angles regarding the mysterious deaths of an Indian Revenue Services officer and his kin in Kochi and has intensified the investigation,......

Selling Land Is Not a Service, Rules Supreme Court

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax. Illustration: Dominic Xavier/Rediff The......

Hurdles facing customs & excise duties

The popular notion that the customs and excise tariffs and procedures have been simplified since 1991 when the proclaimed reforms started is not entirely true. The duty rates have no doubt come......

Slowdown impact: Customs, excise realisation decline

Hit by slowdown and reduction of duty on petroleum goods, customs and central excise collection declined during September.While the customs duty collection realisation during the month declined by......

Customs, excise mop-up may see Rs 1-trillion shortfall in FY23

The Centre is staring at a combined shortfall of up to Rs 1 trillion in excise and Customs revenues in the current financial year (FY23) compared to the Budget estimates (BE), mainly because of......

India to emerge as largest scotch market

India is poised to become the largest global scotch whisky market in value and volume terms over the next few years, fuelled by competitive intensity, premiumisation and economic growth, Scotch......

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