Excise News

Clarification regarding valuation of free samples of the products covered under MRP based assessment - reg

20 February 2010 at 10:49

Clarification regarding valuation of free samples of the products covered under MRP based assessment – re

Posted in Excise | 10593 Views

Substantial Expansion by way of increase in installed capacity for the units availing area based exemption

23 January 2010 at 10:58

Substantial Expansion by way of increase in installed capacity for the units availing area based exemptionCIRCULAR NO 912/02/2010-CXDated: January 22, 2010 Subject: Substantial Expansion by way of increase in installed capacity for the units availing

Posted in Excise | 12441 Views

Irregular availment of Cenvat credit on certain activities not amounting to manufacture-reg

15 January 2010 at 11:19

Irregular availment of Cenvat credit on certain activities not amounting to manufacture-reg. Circular No. 911 /01 /2010-CX F.No.267/116/2009-CX8 Government of IndiaMinistry of FinanceDepartment of Revenue (Central Board of Excise & Customs)

Posted in Excise | 5124 Views

Govt realises 152% target for indirect tax recovery

02 June 2009 at 12:34

Customs duty evasion still high, only a third of demanded duty was realised Author : Nivedita Mookerji/DNACustoms duty evasion continued to be high during 2008-09, according to estimates available with the ministry of finance. While the all-India cus

Posted in Excise | 6453 Views

Excise levy on large cars baffling

16 June 2008 at 12:54

The government's move to impose heavier excise duty on large cars and utility-vehicles is baffling especially when it comes barely ten days since fuel prices were hiked.

Posted in Excise | 4965 Views

Area based excise duty exemptions modified

12 June 2008 at 12:14

With effect from 1st April, 2008 the Central Government amended the area based excise duty exemptions applicable to units located in Jammu & Kashmir, North-East, Sikkim and Kutch District of Gujarat so as to allow refund of excise duty based upon

Posted in Excise | 11478 Views

Laptops - Duty

06 September 2007 at 11:58

HP NOT ENTITLED TO DUTY EXEMPTION ON HDDS IN LAPTOPS: SCIn a setback to Hewlett Packard India Sales (P) Ltd, the SupremeCourt has held that the company cannot claim customs duty exemptionon software-loaded hard disc drives fitted in laptops imported

Posted in Excise | 11286 Views