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...
CA, CS, CMA : ITIRS 2018 encourages citizens to report substantial tax evasion, guaranteeing confidentiality and structured rewards. False repor...
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 : The government amended the excise notification to revise the duty rate to Rs. 31.5 per litre. The change is effective immediately ...
Excise Duty : Finance Ministry amends Notification 08/2026 to raise SAED on export of ATF to Rs 42 per litre, effective immediately from April 1...
Excise Duty : The government amended an earlier excise notification to revise the applicable rate to ₹24 per litre. The change has been made i...
Excise Duty : Government has increased Road and Infrastructure Cess on high speed diesel to ₹36 per litre through a new notification. The chan...
Excise Duty : Finance Ministry increases Special Additional Excise Duty on high speed diesel to Rs 24 per litre by amending Eighth Schedule, eff...
Notification No. 15/2022-Central Excise, Dated: 12.07.2022 – Seeks to amend Notification No. 03/2021-Central excise to exempt E12 and E15 blended fuel from Agriculture Infrastructure Development Cess (AIDC) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 15/2022-Central Excise G.S.R. 536(E).— In exercise of the powers conferred by section 5A of the […]
Notification No. 14/2022-Central Excise, Dated: 12.07.2022 – Seeks to exempt E12 and E15 blended fuel from Road and Infrastructure Cess (RIC) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 14/2022-Central Excise G.S.R. 535(E).—In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, […]
Notification No. 13/2022-Central Excise, Dated: 12.07.2022 – Seeks to amend Notification No. 28/2002-Central excise to exempt E12 and E15 blended fuel from Special additional excise duty. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 12th July, 2022 Notification No. 13/2022-Central Excise G.S.R. 534(E).—In exercise of the powers conferred by sub-section (1) of section 5A […]
Bagasse is non-excisable to which the CENVAT Credit Rules have no application, and held that the Circular dated 25.04.2016 is unsustainable in law.
CBIC issues CORRIGENDUM to Notification No. 08/2022-Central Excise dated 30th June, 2022 MINISTRY OF FINANCE (Department of Revenue) CORRIGENDUM New Delhi, the 7th July, 2022 G.S.R. 523(E).—In the notification of the Government of India, Ministry of Finance (Department of Revenue) No. 08/2022-Central Excise, dated the 30th June, 2022, published in the Gazette of India, 4603 […]
Seeks to amend notification No. 11/2017-C.Ex to give exemption to Ethanol Blended Petrol – Notification No. 12/2022-Central Excise, Dated: 04.06.2022
Notification No. 11/2022-Central Excise, Dated: 30.06.2022 – Seeks to amend notification No. 04/2019-Central Excise ( Road and Infrastructure Cess) MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 11/2022-Central Excise G.S.R. 499(E).—In exercise of the powers conferred by section 112 of Finance Act, 2018 (13 of 2018), read with section […]
Notification No. 10/2022-Central Excise, Dated: 30.06.2022 – Seeks to prescribe rates of Road and Infrastructure Cess for exports of petrol and diesel MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 10/2022-Central Excise G.S.R. 498(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 […]
Notification No. 09/2022-Central Excise, Dated: 30.06.2022 – Seeks to exempt Aviation Turbine Fuel, from the whole of the Special Additional Excise Duty. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 09/2022-Central Excise G.S.R. 497(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 […]
Notification No. 08/2022-Central Excise, Dated: 30.06.2022- Seeks to exempt certain applicable duties on petrol, diesel and ATF cleared for exports. Also Read: CORRIGENDUM to Notification No. 08/2022-Central Excise MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 08/2022-Central Excise G.S.R. 496(E).—In exercise of the powers conferred by section 5A of the Central […]
