Search For "central excise"
CBI court sentences former Central Excise Superintendent to 4 years in bri
Updated : 1 week, 3 days ago IST
According to an official release issued by the CBI, the court on Thursday convicted Achintya Kumar Pramanik, who was then serving as Superintendent of Central Excise under the Assistant Commissioner, Central Excise and Service Tax, Cooch Behar Division. He has also been fined Rs 40,000. Read More
US tariffs have "no influence" on customs duty overhaul announced in Budge
Updated : 1 month, 3 weeks ago IST
Notably, the Finance Minister in her budget speech had announced the proposals for deduction in Customs and Central Excise for certain products which she said aims to further simplify the tariff structure, support domestic manufacturing, promote export competitiveness, and correct inversi
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CBI Court sentences central excise and service tax inspector to 5 years RI
Updated : 2 months, 3 weeks ago IST
The CBI Court Ahmedabad on Monday, convicted and sentenced the accused Kaushik Anvantrai Karelia, the then Appraiser/Preventive Officer, Kandla Special Economic Zone (KASEZ), presently working as Inspector, Central Excise and Service tax, Bhavnagar, to five years rigorous imprisonment (RI
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Parliament's winter session heavy on financial agenda, some key bills pass
Updated : 3 months, 1 week ago IST
The Winter Session of Parliament was heavy on the financial agenda, with several key legislations passed, including the bill to amend insurance laws, the Appropriation Bills, and the Health Security se National Security Cess Bill.
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Government notifies Act for sharp hike in duty on tobacco products
Updated : 3 months, 2 weeks ago IST
The Government has notified the Central Excise (Amendment) Act, 2025, effecting a substantial increase in excise duties on unmanufactured tobacco, manufactured tobacco, tobacco products, and tobacco substitutes.
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Parliament approves Central Excise (Amendment) Bill, 2025 to raise excise
Updated : 3 months, 3 weeks ago IST
Union Finance Minister Nirmala Sitharaman, while replying to the discussion in Rajya Sabha, said the higher duties on cigarettes will be shared with the states. "This is not a cess but excise duty. The amount will be redistributed to the States as per the Finance Commission's recommendati
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Parliament winter session: Lok Sabha adjourned, to reconvene on Dec 5 at 1
Updated : 3 months, 3 weeks ago IST
The Lok Sabha was adjourned for the day on the fourth day of the winter session, with the House scheduled to reconvene on December 5 at 11:00 AM. The Rajya Sabha was also adjourned shortly after.
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"PM Modi kept finding excuse to take money out of public's pocket and fill
Updated : 3 months, 3 weeks ago IST
Speaking during a discussion in the Rajya Sabha, Tiwari alleged that the Centre was presenting its decisions as acts of goodwill. At the same time, in his view, the impact on the public remained adverse.
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Sitharaman takes dig at Congress; says IMF report does not question India'
Updated : 3 months, 3 weeks ago IST
Finance Minister Nirmala Sitharaman on Wednesday hit back at the Congress leaders who took a jibe at the government over the IMF's annual review of India's national accounts statistics giving the data Grade 'C' and asserted that the IMF report does not question the growth figures. She sai
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Lok Sabha passes Bill aimed at raising excise duty on tobacco products
Updated : 3 months, 3 weeks ago IST
The Central Excise (Amendment) Bill, 2025 seeks to revise excise duties on tobacco and related products after the expiry of the GST compensation cess
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Centre likely to move Central Excise (Amendment) Bill in Lok Sabha as poli
Updated : 3 months, 3 weeks ago IST
Following the recurring adjournments in Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman is likely to move the Central Excise (Amendment) Bill, 2025, for consideration and passing in the Lok Sabha on Wednesday, as per the list of business.
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Centre to move Central Excise (Amendment) Bill for consideration in Parlia
Updated : 3 months, 3 weeks ago IST
Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy of compensation cess in GST without large impact on tax incidence. This bill seeks to amend the central excise rates, as the cess will be discont
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