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Centralised Task Force not made any effort to recover Excise/ Custom Duty: CAG

  05 Apr 2017   0 comment
CBEC constituted, in 2004, a Centralised Task Force (CTF) to co-ordinate, facilitate, monitor and oversee the efforts of Customs and Central Excise field formations in recovery of arrears. We observed that though the Task Force was entrusted with finalising and implementing strategies for realisation of arrears it did not take any such ac...
Posted Under: Excise Duty |

Ms. Vanaja N. Sarna, IRS appointed as Chairman CBEC

  31 Mar 2017   0 comment
Ms. Vanaja N. Sarna, IRS (C&CE:1980) presently holding the charge as Member (Administration), has been appointed as Chairman, Central Board of Excise and Customs (CBEC). She is taking over on superannuation of Shri Najib Shah, IRS (C&CE:79) today i.e. 31.03.2017....
Posted Under: Excise Duty |

CBEC renamed as Central Board of Indirect Taxes & Customs (CBIC)

  26 Mar 2017   0 comment
FM approves the re-organisation of the field formations of the Central Board of Excise & Customs (CBEC) for the implementation of Goods & Services Tax (GST); CBEC is being renamed as the Central Board of Indirect Taxes & Customs (CBIC), after getting legislative approval...

CBEC Partner Connectivity Protocol

  18 Mar 2017   0 comment
CBEC Partner Connectivity Protocol – Solution for CBEC field formations managed by Custodians (under the HCCAR, 2009) requiring IT infrastructure and connectivity with CBEC Data Centre...
Posted Under: Excise Duty |

Indirect Tax Collections up to February, 2017 show Growth of 22.2%

  10 Mar 2017   0 comment
The figures for indirect tax collections (Central Excise, Service Tax and Customs) up to February 2017 show that net revenue collections are at Rs 7.72 lakh crore, which is 22.2% more than the net collections for the corresponding period last year. ...
Posted Under: Excise Duty |

Taxes on Petrol / Diesel & CNG and neighboring Countries

  10 Mar 2017   0 comment
Compressed Natural Gas (CNG) attracts a concessional rate of 5% Basic Customs Duty (BCD) and 14% Basic Excise Duty (BED). The comparison of Retail Selling Price of Petrol and Diesel, as on 01.03.2017, with neighbouring countries is as under:-...
Posted Under: Excise Duty |

CBI Arrests Superintendent of Central Excise in an alleged bribery case

  08 Mar 2017   0 comment
CBI has arrested a Superintendent of Central Excise, Anti-Evasion, Hyderabad-II Commissionerate, Kendriya Shulk Bhavan, Basheerbagh, Hyderabad and a private person in an alleged bribery of Rs. four lakh....
Posted Under: Excise Duty |

CBI Arrests three Central Excise Officials in a bribery case

  21 Feb 2017   0 comment
The Central Bureau of Investigation has arrested two Superintendents and an Inspector, all of Central Excise, Audit Department(Govt. of India), Murthal, District- Sonepat (Haryana) while demanding & accepting bribe of Rs.Three lakh from the complainant....
Posted Under: Excise Duty |

Indirect tax collections upto January 2017 shows positive growth

  10 Feb 2017   0 comment
During January 2017, the net indirect tax grew at the rate of 9% compared to corresponding month last year. The growth rate in net collection for Customs, Central Excise and Service Tax was 10.1%, 26.3% and 9.4% respectively during the month of January 2017, compared to the corresponding month last year....
Posted Under: Excise Duty |

Details of detection / recovery in Excise and Service Tax evasion cases

  20 Dec 2016   0 comment
The total number of detection and recovery made in respect of Central Excise and Service Tax evasion cases during 2013-14 to 2016-17 (upto October, 2016) is given in the ANNEXURE....
Posted Under: Excise Duty |

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