Custom News

Government announces custom duty exemption for newsprint

12 February 2009 at 10:27

The government today announced special custom duty exemptions to the newspaper and magazine publishing industry in the country. These concessions have been announced in view of the current economic slowdown particularly affecting the newspaper indust

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CBEC exceeds target in recovering arrears of revenue

14 May 2008 at 11:03

The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher

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Excise assessees get more time for e-payment ::

16 September 2007 at 09:31

The Finance Ministry has provided additional time for payment of Central excise duty under the e-payment route. This is being seen as the Government's attempt to encourage central excise assessees to go in for e-payment of duties.Central excise asses

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