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...
CA, CS, CMA : Summary of notifications and circulars from August 18-24, 2025, covering new income tax rules for employee perquisites, GST update...
CA, CS, CMA : Stay informed on India's latest regulatory changes from June 16-22, 2025. This summary covers Income Tax exemptions, GST amendment...
CA, CS, CMA : Summary of tax, GST, Customs, SEBI, RBI, and other regulatory notifications and rulings issued in India during the week of May 5-1...
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...
Custom Duty : Articles explains Explanatory Memorandum To Notification Nos. 02 To 15-Customs Dated 1st February, 2022, Notification Nos. 07/2022...
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 : New monthly excise duty rates link retail sale price and packing machine speed for chewing tobacco, jarda and gutkha to strengthen...
Excise Duty : The notification supersedes earlier exemptions and caps excise duty at revised rates for a wide range of tobacco products, effecti...
Excise Duty : The notification removes ambiguity by substituting pan masala containing tobacco with gutkha for excise assessment....
Excise Duty : New rules tax chewing tobacco, gutkha and jarda by packing-machine capacity and RSP, mandating declarations, CCTV and upfront duty...
Excise Duty : Chewing tobacco, jarda and gutkha packed by machines are notified for excise duty under a special valuation mechanism in public in...
Explore tax & GST updates for Nov 25–Dec 1, 2024, including safe harbour for diamonds, GST e-invoicing, HC rulings, Section 194N exemption & key notifications.
The Ministry of Finance rescinds Central Excise Notifications No. 10/2022 and 11/2022 under Notification No. 30/2024, effective immediately.
Notification No. 29/2024-Central Excise rescinds six 2022 excise notifications in the public interest, effective immediately. Details on affected notifications inside.
Central Excise Notification 28/2024 modifies Notification 11/2017, adding Sl. No. 7C. Effective from November 20, 2024.
Amendment in Central Excise Notification 11/2017: New tax rates for Blended Aviation Turbine Fuel under the RCS-UDAN scheme. Effective from October 29, 2024.
Notification No. 26/2024 updates the Fourth Schedule to the Central Excise Act, 1944, including changes to aviation turbine fuel definitions.
The Ministry of Finance reduces the excise duty to nil per tonne for an item under Notification No. 25/2024, effective 18th September 2024.
Notification No. 24/2024-Central Excise exempts Petrol and Diesel exports to Bhutan from the Road and Infrastructure Cess (RIC).
The Ministry of Finance exempts Petrol and Diesel exports to Bhutan from Special Additional Excise Duty as per Notification No. 23/2024-Central Excise.
The Ministry of Finance exempts Aviation Turbine Fuel (ATF) exports to Bhutan from Special Additional Excise Duty via Notification No. 22/2024-Central Excise.
