Last Updated: Monday, May 4, 2015, 15:44
Permanent Account Number (PAN) has been made mandatory for private firms seeking central excise registration.
Last Updated: Sunday, April 12, 2015, 10:53
The "unwavering commitment and exemplary zeal" shown by its officers has seen CBEC surpassing its indirect tax collection target by a handsome margin of Rs 4,000 crore to reach Rs 5.46-lakh crore in the just-concluded 2014-15 fiscal.
Last Updated: Sunday, April 5, 2015, 14:29
After completion of its investigation, the DGCEI had slapped a show-cause notice to the firm demanding about Rs 250 crore against excise duty evasion, they said.
Last Updated: Sunday, March 22, 2015, 11:44
The Customs Tribunal is scheduled to reconvene hearings from April 6 on USD 403 million (about Rs 2,500 crore at current exchange rate) alleged duty evasion case of US-based Hewlett-Packard's (HP) India unit.
Last Updated: Friday, March 13, 2015, 16:45
Leading conglomerate ITC will soon increase prices of cigarette brands like Classic and Gold Flake Kings by up to 15 per cent per pack following the hike in excise duty on cigarettes in the Budget 2015-16.
Last Updated: Monday, March 2, 2015, 22:26
Shares of ITC today plunged 5 percent after government raised excise duty on cigarettes.
Last Updated: Wednesday, February 25, 2015, 17:28
Under attack for hiking excise duty on petrol and diesel, government today said the step was taken to save money for developmental works after "substantial" benefits of reducing global crude prices were passed on to consumers by effecting price cuts.
Last Updated: Tuesday, February 24, 2015, 20:18
Government will raise additional revenue of Rs 20,250 crore through hike in excise duty on petrol and diesel announced since November in 2014-15 financial year, Parliament was informed Tuesday.
Last Updated: Sunday, February 8, 2015, 14:24
The rates of service tax, central excise and customs duties be maintained at the current level in the Budget in order to aid the success of the 'Make in India' initiative, industry body CII has said.
Last Updated: Sunday, February 8, 2015, 11:13
Automobile industry body SIAM wants Finance Minister Arun Jaitley to reduce excise duty on automobiles in the upcoming Budget to help the sector combat demand slowdown.
Last Updated: Monday, February 2, 2015, 20:50
Hit by price hikes following withdrawal of excise duty concessions, car sales in India began on a tepid note this year with main players Maruti Suzuki and Hyundai posting single digit growth in January, while others like GM India and Ford saw decline in sales.
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