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...
Explore the latest Central Excise Act amendments by the Ministry of Finance. Analysis of changes in notification No. 04/2024 and its impact on businesses.
Explore the latest Central Excise Notification 02/2024, effective from January 2, 2024, amending export duties on diesel. Details on reduced Special Additional Excise Duty and its impact.
Explore the latest central excise amendment (No. 01/2024) modifying duties on petroleum products. Learn about changes in Special Additional Excise Duty affecting crude production and ATF export.
Discover the key provisions of the Provisional Collection of Taxes Act, 2023 enacted by Parliament. Learn about immediate effects, declarations, and refund mechanisms
Explore the appointment of the Central Excise Officer for adjudication of show cause notices issued to M/s Tata Consultancy Services Ltd. Details, analysis, and implications.
CBIC reduces Special Additional Excise Duty on diesel exports to Rs. 0.50 per litre from Rs. 1.00, effective December 19, 2023. Details in Notification No. 42/2023-Central Excise.
Get the latest update: CBIC slashes SAED on Petroleum Crude to Rs. 1300/tonne and hikes SAED on ATF Exports to Rs. 1/litre, effective December 19, 2023. Details in Notification No. 41/2023-Central Excise.
Explore the key provisions of the Provisional Collection of Taxes Bill, 2023 introduced in Lok Sabha. Learn about the immediate impact on customs and excise duties and the repeal of the 1931 Act.
CBIC announces a significant reduction in Special Additional Excise Duty on Diesel exports to Rs. 1 per litre from Rs. 2, effective November 16, 2023.
“Read about CBIC’s latest move reducing Special Additional Excise Duty on Petroleum Crude production to Rs. 6300 per tonne, effective from November 16, 2023.
