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...
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 […]
Notifications No. 07/2022-Central Excise, Dated: 30.06.2022 – Seeks to exempt Special Additional Excise Duty on crude produced by a person which is in excess of crude petroleum oil produced by such person during the preceding Financial Year MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notifications No. 07/2022-Central Excise G.S.R. 495(E).—In […]
Notification No. 06/2022-Central Excise, Dated: 30.06.2022 – Seeks to exempt Special Additional Excise Duty on crude petroleum produced by a person whose annual production of the said goods during the preceding Financial Year was less than two million barrels MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 06/2022-Central Excise […]
Notification No. 05/2022-Central Excise, Dated: 30.06.2022- Seeks to amend the eighth schedule to Finance Act, 2022 to prescribe Special Additional Excise Duty ON Crude Petroleum and ATF circular and notification MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 05/2022-Central Excise G.S.R. 493(E).—WHEREAS, the Central Government is satisfied that the Special […]
Seeks to prescribe rates of Special Additional Excise Duty for exports of petrol and diesel – Notification No. 04/2022-Central Excise, Dated: 30.06.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 04/2022-Central Excise G.S.R. 492(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 […]
Seeks to amend notification No. 05/2019-Central Excise ( Special Additional Excise Duty) – Notification No. 03/2022-Central Excise, Dated: 30.06.2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 30th June, 2022 Notification No. 03/2022-Central Excise G.S.R. 491(E).—In exercise of the powers conferred by section 5A of the Central Excise Act, 1944 (1 of 1944) read […]
Provided that nothing contained in this rule shall apply to Motor spirit, commonly known as petrol, High speed diesel oil and Aviation Turbine Fuel
