Excise Duty

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CAG slams Maharashtra excise dept for revenue lapses

The Comptroller and Auditor General (CAG) of India has pulled up the Maharashtra state excise department for serious lapses in its operations, leading to a substantial revenue shortfall. Image......

Govt plans to levy excise duty on tobacco, cess on pan masala

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will......

Union excise duty collection fell 12% in first five months of FY24

Union excise duty collection dropped 18 per cent in August year-on-year at a time when the overall central tax kitty rose about 94 per cent before devolution to the states. Illustration: Dominic......

Excise duty collection: FM concerned

Expressing concern over sluggish excise duty collection, Finance Minister P Chidambaram admitted on Thursday that meeting the budgetary target of Rs 1,36,000 crore (Rs 1,360 billion) under this......

No excise duty on candles

Finance Minister P Chidambaram on Monday exempted scented supari from excise duty if it does not exceed 50 paise a packet.Candles would also be exempted from the excise duty, he said replying to......

Excise duty collections hold up

The Union government expects to slightly better its excise duty collection target for 2010-11 set at the beginning of the last budget.This would be reflected in revised estimates of Rs. 1,33,300......

Excise Duty

News for Excise Duty

CAG slams Maharashtra excise dept for revenue lapses

Govt plans to levy excise duty on tobacco, cess on pan masala

Union excise duty collection fell 12% in first five months of FY24

Excise duty collection: FM concerned

No excise duty on candles

Excise duty collections hold up

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