CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...
Excise Duty : India reduced excise duty on petrol and diesel to offset rising global crude prices due to geopolitical tensions. The move aimed t...
Goods and Services Tax : Budget 2026 revamps Customs, Excise, and GST to simplify compliance and boost exports. The key takeaway is a trust-based, technolo...
Goods and Services Tax : The Bill introduces relief on post-supply discounts, export taxation, refunds and intermediary services. It also simplifies custom...
Excise Duty : Discover how the Central Excise (Amendment) Act, 2025 revamps tobacco taxation, introducing steep excise duties on cigarettes, che...
Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...
Excise Duty : A special court imposed five years’ rigorous imprisonment and heavy fines after finding assets far beyond known income. The ruli...
Excise Duty : The FAQs clarify how excise duty on chewing tobacco, jarda, and gutkha will be levied based on packing machine capacity rather tha...
Income Tax : MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction...
Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...
Excise Duty : CESTAT Hyderabad held that rule 7 of Cenvat Credit Rules, 2004 is just a procedure and procedural lapse cannot be ground to deny t...
Excise Duty : CBIC has amended Notification No. 08/2026-Central Excise to revise the SAED rate on ATF exports outside India to Rs. 12.5 per litr...
Excise Duty : CBIC has amended Notification No. 06/2026-Central Excise to revise the SAED rate on diesel exports outside India to Rs. 14 per lit...
Excise Duty : Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol...
Excise Duty : Notification No. 28/2026-Central Excise exempts E22, E25, E27 and E30 petrol blends from additional excise duty in the form of Roa...
Excise Duty : Notification No. 27/2026-Central Excise extends Nil special additional excise duty benefits to E22, E25, E27 and E30 petrol blends...
SAED on Petroleum Crude Production Reduced to ₹5,700 per Tonne from May 16, 2024 from earlier ₹8,400 per Tonne vide Notification No. 14/2024-Central Excise | Dated: 15th May, 2024.
Explore the latest amendment (No. 13/2024) reducing Special Additional Excise Duty on petroleum crude production. Ministry of Finance update.
Get the latest update: Central Board of Indirect Taxes and Customs increases SAED on production of Petroleum Crude to Rs. 9600 per tonne from April 16, 2024.
Ministry of Finance introduces Notification No. 11/2024 to amend Central Excise Act, raising Excise Duty on Petroleum Crude to Rs. 6800 per tonne.
Explore the latest amendments made by the Ministry of Finance (Department of Revenue) through Notification No. 10/2024-Central Excise dated March 15, 2024.
CBIC amends Notification No. 04/2022-Central Excise, dated 30th June, 2022, to reduce Special Additional Excise Duty (SAED) on export of Diesel to Rs. Nil per litre from 1st day of March, 2024 vide Notification No. 09/2024-Central Excise | Dated: 29th February, 2024.
Ministry of Finance increased Special Additional Excise Duty (SAED) on crude oil production to Rs. 4600 per tonne, effective March 1, 2024. This aims to generate additional revenue for the government. (Notification No. 08/2024-Central Excise)
Ministry of Finance notifies an increase in Special Additional Excise Duty on diesel exports from Rs. Nil/litre to Rs. 1.50/litre, effective from February 16, 2024.
Explore the latest amendment, Notification No. 06/2024-Central Excise, enhancing Special Additional Excise Duty on petroleum crude production to Rs. 3300 per tonne. Effective from 16th February 2024
Explore the implications of India 2024 amendment (No. 05/2024-Central Excise) raising Special Excise Duty on Petroleum Crude. Learn about the changes, effective date, and regulatory background