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Analysis of Notifications and Circulars for Week Ending 31st May 2026

CA, CS, CMA : A comprehensive review of significant developments across Income Tax, GST, Customs, DGFT, SEBI, MCA, IBBI, and RBI. The update hig...

June 2, 2026 3210 Views 0 comment Print

Excise Duty Cut on Petrol and Diesel: A Bold Governance Move Amid War

Excise Duty : India reduced excise duty on petrol and diesel to offset rising global crude prices due to geopolitical tensions. The move aimed t...

March 27, 2026 3729 Views 0 comment Print

Key Highlights of Budget 2026 covering Major GST, Custom & Excise Duty Changes

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...

February 3, 2026 2025 Views 0 comment Print

Budget 2026: Analysis of GST, Custom & Excise Duty Amendment

Goods and Services Tax : The Bill introduces relief on post-supply discounts, export taxation, refunds and intermediary services. It also simplifies custom...

February 2, 2026 1914 Views 0 comment Print

Central Excise Act 2025: Reshapes Tobacco Taxation Landscape

Excise Duty : Discover how the Central Excise (Amendment) Act, 2025 revamps tobacco taxation, introducing steep excise duties on cigarettes, che...

December 17, 2025 21159 Views 2 comments Print


Latest News


Budget 2026: Explanatory Memoranda to Customs and Central Excise changes

Custom Duty : New baggage rules and processing regulations are notified, replacing earlier frameworks and aligning customs procedures for passen...

February 1, 2026 1632 Views 0 comment Print

Central Excise and Service Tax Inspector Jailed for Disproportionate Assets

Excise Duty : A special court imposed five years’ rigorous imprisonment and heavy fines after finding assets far beyond known income. The ruli...

January 7, 2026 570 Views 0 comment Print

FAQs on Machine-Based levy in case of Chewing Tobacco, Jarda Scented Tobacco & Gutkha

Excise Duty : The FAQs clarify how excise duty on chewing tobacco, jarda, and gutkha will be levied based on packing machine capacity rather tha...

January 4, 2026 1977 Views 0 comment Print

Budget 2025: Analysis of Changes in Income Tax, GST, Custom Duty & Excise

Income Tax : MEMORANDUM EXPLAINING THE PROVISIONS IN THE FINANCE BILL, 2025 FINANCE BILL, 2025 PROVISIONS RELATING TO DIRECT TAXES Introduction...

February 1, 2025 17424 Views 0 comment Print

Budget 2023: Explanatory Memorandum to Custom & Excise Duty Notification

Custom Duty : Article contains Explanatory Memorandum to Notification Nos. 02 to 12-Customs, dated the 1st February, 2023 and Explanatory Memora...

February 1, 2023 1617 Views 2 comments Print


Latest Judiciary


Procedural lapse in Rule 7 of CCR, 2004 cannot be ground to deny substantial benefits of cenvat credit

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...

March 6, 2023 2385 Views 0 comment Print


Latest Notifications


CBIC Revises SAED on ATF Exports to Rs. 12.5 Per Litre

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...

June 16, 2026 204 Views 0 comment Print

CBIC Revises SAED on Diesel Exports to Rs. 14 Per Litre

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...

June 16, 2026 156 Views 0 comment Print

Government Waives AIDC on Higher Ethanol-Blended Petrol

Excise Duty : Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol...

June 11, 2026 189 Views 0 comment Print

CBIC notifies Nil Road and Infrastructure Cess on E22 to 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...

June 11, 2026 237 Views 0 comment Print

Nil special additional excise duty Benefit extended to E22, E25, E27 & E30 Petrol Blends

Excise Duty : Notification No. 27/2026-Central Excise extends Nil special additional excise duty benefits to E22, E25, E27 and E30 petrol blends...

June 11, 2026 267 Views 0 comment Print


Seek to supercede Notification No. 16/98 dated 02.06.1998 so as to prescribe tariff value of all kinds of Pan Masala whether or not containing tobacco

March 1, 2006 580 Views 0 comment Print

For the purposes of this notification, “retail package” means a package containing pan masala which is produced, distributed, displayed, delivered or stored for sale through retail sales agencies or other instrumentalities for consumption by an individual or a group of individuals.

Notification No. 2/2006-Central Excise (N.T.); Dated: 1st March, 2006

March 1, 2006 1831 Views 0 comment Print

For the purposes of this notification “retail sale price” means the maximum price at which the excisable goods in packaged form may be sold to the ultimate consumer and includes all taxes, local or otherwise, freight, transport charges, commission payable to dealers

Reg. exemption of duty of excise leviable on Naphtha

March 1, 2006 604 Views 0 comment Print

section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby exempts Naphtha falling under heading 2710 of the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) from so much of the duty of excise leviable thereon under the First Schedule to the Central Excise Tariff Act, as is in excess of the amount calculated at the rate of 16 percent ad valorem.

Notification No. 22/2006-Central Excise; Dated: 01.03.2006

March 1, 2006 952 Views 0 comment Print

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the erstwhile Ministry of Finance and Company Affairs.

Notification No. 21/2006-Central Excise; Dated: 01.03.2006

March 1, 2006 1081 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby rescinds the following notifications of the Government of India in the Ministry of Finance (Department of Revenue), excepts as respects things done or omitted to be done before such recession, namely

Notification No. 20/2006-Central Excise; Dated: 01.03.2006

March 1, 2006 835 Views 0 comment Print

The principal notification number 88/88-Central Excise, dated the 1st March, 1988 was issued under rule 8 of the Central Excise Rules, 1944 and saved under sub-section (4) of section 5A of the Central Excise Act, 1944 (1 of 1944), and published in the Gazette of India, Extraordinary, vide number G.S.R.277 (E), dated the 1st March, 1988, and was last amended vide notification number 16/03-C.E, dated the 1st March, 2003, [G.S.R. 146 (E), dated the 1st March, 2003.

Notification No.19/2006-Central Excise; Dated 01.03.2006

March 1, 2006 817 Views 0 comment Print

G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance.

Notification No.18/2006-Central Excise; dated: 01.03.2006

March 1, 2006 379 Views 0 comment Print

The principal notification No. 10/1996-Central Excise, dated the 23rd July 1996, was published in the Gazette of India, Extraordinary, vide number G.S.R. 308 (E), dated the 23rd July 1996, and was last amended by notification No.41/2004-Central Excise dated the 9th August 2004 and published vide number G.S.R. 506 (E) dated the 9th August 2004

Notification No. 17/2006-Central Excise; Dated: 01.03.2006

March 1, 2006 487 Views 0 comment Print

The principal notification No. 53/2003-Central Excise, dated the 17th June 2003, was published in the Gazette of India, Extraordinary, vide number G.S.R. 308 (E), dated the 17th June 2003

Notification No.16/2006-Central Excise, Dated: 01.03.2006

March 1, 2006 487 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), read with section 136 of the Finance Act, 2001 (14 of 2001), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance.

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