banner_ad

Govt reduces excise duty, service tax by 2 per cent

1346 views 4 replies
 

Govt reduces excise duty, service tax by 2 per cent

Giving relief to the industry reeling under the impact of slowdown, the Government reduced by two per cent rates of excise duty and service tax. While the general excise duty has been reduced from 10 per cent to 8 per cent, the rate of service tax cut from 12 per cent to 10 per cent.
 
News at Indian express Site
 
Replies (4)

yaaaaaa, because election is going to be close

Notification available at https://www.allindiantaxes.com/cen-t09-4.php

Excise cut not applicable for Petroleum prodcuts

 

this happened after 15 years

Service Tax has been reduced for the first time since it was imposed. Excise duty is falling continuously for last 10 years; 18 to 16 to 14 to 10 to 8.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details