Latest News on Excise
Showing of 0 - 10 from 44 results
Excise - Total results - 44
Jan 03, 2013
Govt gets tough: excise, service tax evaders can lose propertyIn a stern warning to evaders of excise, customs and service tax, the government today asked them to either pay the dues or face penal action which could include arrest, prosecution and property attachment.
Dec 10, 2012
Lanka does a Maldives, raises duties on Indian vehicles by 73%This could become the second instance, after the eviction of GMR Infrastructure from Maldives, where Indian companies suffer high handedness of India's tiny neighbours with the government remaining a silent spectator.
Jun 04, 2012
Pranab confident of meeting indirect tax collection targetFinance Minister Pranab Mukherjee today exuded confidence that they will be able to
meet indirect tax collection target of Rs 5.05 lakh crore for 2012-13.
Apr 06, 2012
Pranab to meet jewellers to discuss duty hike issueThe Jewellery Trade Federation will send two representatives to Pranab Mukherjee. They will explain the difficulties encountered by jewellers and sought a complete rollback of the new proposals.
Mar 30, 2012
19,000 crore service tax, control excise duty frauds in 2008-11: CAGIn service tax, the CAG observed the department raised a demand of Rs 9,905.84 crore and recovered only Rs 2,706 crore.
Mar 30, 2012
Think other states will lower petrol prices? Dream onMost states, especially the larger ones, are struggling to earn revenues and will be unlikely to give up their taxes on fuel, an important source of tax.
Mar 23, 2012
Govt cuts tariff value of imported gold to $530/10gramsThe import duty on gold was fixed at 2 percent of the value, instead of the earlier rate of Rs 300 per 10 grams.On silver, the import duty was pegged at 6 percent, as against Rs 1,500 per kg earlier.
Mar 16, 2012
It's called GST and it's coming for sureUnion Budget 2012-13 may or may not herald the arrival of the Goods and Services Tax, but one can be sure services taxation will expand like crazy this time.
Mar 12, 2012
GST & FDI in retail a must for Budget 2012: FMCG sectorTaxation is important for the sector as higher taxes mean higher prices which always has a negative impact on the demand for a specific good.
Feb 14, 2012
Govt attempts to fix deficit, may hike excise duty to 12%While this may help the government reduce the gap, there are concerns that an increase in the excise duty will add to the inflationary pressure.