Excise News

CBIC Notifies Constitution of Interim Boards for Settlement Across Four Major Cities

10 April 2025 at 08:29

CBIC, through Notification No. 02/2025-Central Excise (N.T.) dated April 8, 2025, has formally constituted four Interim Boards for Settlement under the powers conferred by Section 31A(1) of the Central Excise Act, 1944.

Posted in Excise | 1851 Views

CBIC Rescinds Central Excise Notification 08/2022, Ends Specified Goods Exemption

05 December 2024 at 08:43

In a crucial update, the Ministry of Finance has issued Notification No. 31/2024-Central Excise, dated December 3, 2024, rescinding Notification No. 08/2022-Central Excise.

Posted in Excise | 744 Views

Central Excise Bill, 2024 Expected to be Introduced in Upcoming Budget Session

10 June 2024 at 08:54

The Centre is set to introduce the Central Excise Bill, 2024, during the upcoming budget session, aiming to replace the long-standing Central Excise Act, 1944

Posted in Excise | 2388 Views

CBIC Invites Suggestions On Draft Central Excise Bill, 2024

05 June 2024 at 08:55

The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft 'Central Excise Bill, 2024' from stakeholders by 26th June 2024.

Posted in Excise | 453 Views

Central Govt. announces Excise Duty reduction on Petrol and Diesel

02 August 2022 at 08:43

Central Government reduced Central Excise duty on petrol and diesel to boost consumption and keep inflation low

Posted in Excise | 3810 Views

Excise duty on Petrol and Diesel reduced by Rs. 5 and Rs. 10 respectively

05 November 2021 at 08:44

The government of India has taken a significant decision of reducing Central Excise Duty on Petrol & Diesel by Rs. 5 and Rs. 10 respectively. Prices of petrol & diesel will thus come down accordingly.

Posted in Excise | 3708 Views

Sabka Vishwas scheme extended to 15th Jan 2020

01 January 2020 at 20:43

Sabka Vishwas (Legacy Dispute Resolution) Scheme has received a huge response with almost 73% of the total eligible taxpayers availed the Scheme and have committed to pay tax dues of Rs. 30,627 Crores. Keeping in view the response of the taxpayers to

Posted in Excise | 11124 Views

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 for Central Excise & ST will be valid till 31st December

03 September 2019 at 11:33

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 for Central Excise & ST will be valid till 31st December

Posted in Excise | 6315 Views

Excise Duty on Petrol and Diesel reduced by Rs 2 per litre

04 October 2017 at 11:22

The Government of India decides to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017; This major decision has been taken by the Government in order to cushion the

Posted in Excise | 4776 Views

40 Officers of the Customs & Central Excise selected for Grant of Presidential Award

24 January 2017 at 10:48

40 Officers of the Customs & Central Excise selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service.1. Every year, the Officers of the Board of Customs & Central Excise, Department of

Posted in Excise | 2 comments | 5034 Views