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Sugar import duty raised to 25 percent to protect mills

Aug 22, 2014

Sugar import duty raised to 25 percent to protect mills

In a relief to millers beleaguered by higher cane prices and surplus stocks, the government raised the import duty on sugar. #Ram Vilas Paswan #Central Board of Excise and Customs #Consumer Affairs Ministry #Sugar mills #Sugar Import #Uttar Pradesh farmers #sugar canes #White Sugar #refined sugar
Budget 2014: Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Jul 11, 2014

Budget 2014: Jaitley to improve fiscal health by taxing aerated drinks, unhealthy cigarettes

Emulating the US system of taxing aerated drinks, the Finance Minister also chose to target aerated drinks but only those that contain sugar, sparing fruit juices and other aerated drinks like soda.
#Narendra Modi #Arun Jaitley #Tax #tobacco products #Common man #Union Budget #Cigarettes #excise duty #gutkha #Dr harsh Vardhan #Budget 2014 #aerated drinks #Medical Costs
Govt to extend excise duty concessions on cars, capital goods, says Jaitley

Jun 25, 2014

Govt to extend excise duty concessions on cars, capital goods, says Jaitley

Finance Minister Arun Jaitley announced today announced that the government has decided to extend excise duty concessions for automobiles, consumer and capital goods by six months to 31 December. #NewsTracker #Capital goods #Arun Jaitley #automobiles #Consumer #excise duty concessions
Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

May 13, 2014

Central Excise slaps Rs 4.6-crore tax notice on Indian Oil

The Directorate General of Central Excise Intelligence (DGCEI) has issued a show cause-cum-demand notice of over Rs 4.6 crore to the nation's largest oil firm Indian Oil Corporation for not paying service tax under the head of a 'goods transport agency'. #India #NewsTracker #Indian Oil Corporation #Central Excise #DGCEI #Samanjasa Das
Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Apr 17, 2014

Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Various private entities were evading the central levy through misrepresenting the quantity of goods being produced by them and misuse of government incentives or abatements among others, they said. #India #finance ministry #NewsTracker #excise duty #evading duty #revenue leakage

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Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Aug 01, 2014

Repealing The Medical-Device Excise Tax: Next Steps

Why does the medical-device excise tax still exist? The tax is a universally reviled Obamacare revenue-raiser, skimming 2.3 percent off the sales of medical devices. Outside liquor and tobacco, most Americans don?t see excise taxes, which are levied ...
Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Aug 18, 2014

Joe Hockey's fuel gaffe may see him excised from big policy debates

Treasurers failure to sell petrol excise changes does not inspire confidence in his role in other key issues, such as GST changes Joe Hockeys inability to sell the indexation of the petrol excise and his seeming cluelessness regarding progressive tax...
Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

Aug 15, 2014

Tony Abbott fails to back Joe Hockey on fuel excise controversy

Prime minister refuses to endorse treasurers comments that poor people dont drive cars as criticism grows Continue reading..... #Joe Hockey #Tony Abbott #Australia