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Govt clarifies tax increase on tobacco products, citing changes in excise duty on cigarettes and GST rules. Revenue funds overall govt programs, not cancer-specific....

Supreme Court admits Ecoboard Industries Ltd.'s appeal on excise duty for intermediate products, questioning Tribunal's duty imposition and test report validity....

Key changes in excise duty and Clean Environment Cess under Finance (No. 2) Bill, 2024, including extended deadlines and exemptions....

Case Title: M/s. Marwadi Shares and Finance Ltd. Vs. Union of India & Ors.; Special Leave to Appeal (C) No(s). 27124/2023; Dated 15.12.2023 The Hon’ble Supreme Court issued a notice and stayed the variation of the earlier stay order, ensuring that the audit proceedings remain on hold. Background: Marwadi Shares and Finance Ltd.,...

CBIC, under the Ministry of Finance, seeks feedback on the proposed Central Excise Bill 2024. Stakeholders can submit suggestions by 26th June 2024....

Learn how to navigate SAMAY Dashboard efficiently as a Chief Commissioner/Commissioner or ADG/DG. Streamline order management, update statuses, and generate performance reports effortlessly....

Special Judge in Ahmedabad sentences Shri Fauza Singh Pandher, former Superintendent of Central Excise & Customs, to five years imprisonment for possessing disproportionate assets....

Central Bureau of Investigation (CBI) has secured a conviction in a disproportionate assets case, sentencing former Deputy Commissioner, Shri P.R. Vijayan, and four of his family members to two years of rigorous imprisonment. The accused were found guilty of amassing assets worth Rs. 79,93,859/- during the period from July 2003 to July 20...

Shri Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs (CBIC), presented a set of Time Release Studies (TRS) conducted by the department. TRS are essentially a performance measurement tool for assessing the cargo clearance process of the international trade, as recommended by the World Trade Organization (WTO) under the T...

(a) whether the Government has assessed the impact of rising excise duties and taxes on fuel/liquefied petroleum gas on income inequality; (b) if so, the details of the incidence of fuel excise duties on varying income groups of the population;...