Excise Duty

Apr 28, 2016 at 18:08 | Source: PTI
Tearing into the opposition charge that imposition of the levy was killing the trade, Finance Minister Arun Jaitley refuted the allegations saying when items of common use were being taxed, how could luxury items be kept out.
Apr 27, 2016 at 16:16 | Source: PTI
The market, which opened after two days of jewellers' strike against 1 percent excise duty on non-silver jewellery, witnessed rising demand from retailers and stockists for the ongoing wedding season amid firm global cues.
Apr 27, 2016 at 08:00 | Source: PTI
"This is required in order to restore balance between refineries in excise paying areas vis-a-vis excise exempt areas, since refineries are located almost equally in both areas, as such there would be no revenue loss and it will," Assocham said.
Apr 25, 2016 at 17:38 | Source: PTI
Most of the shops and jewellery showrooms are closed today in the national capital and other major cities, Vice-President of the All India Sarafa Association, Surinder Kumar Jain told PTI.
Apr 13, 2016 at 21:55 | Source: CNBC-TV18
The jewelers association had gone on a strike over a one percent excise tax on non-silver jewellery mentioned by the Finance Minister Arun Jaitley in his Budget speech.
Apr 13, 2016 at 21:32 | Source: PTI
The Central Board of Excise and Customs (CBEC), in a notification, said Normal Butanol, or N-Butyl Alcohol, exported from the EU, Malaysia, Singapore, South Africa and the United States was found to be "below normal value, thus establishing dumping of the same".
Apr 13, 2016 at 13:52 | Source: CNBC-TV18
Although the industry is not happy that the excise duty has not been rolled back, Sanjeev Agarwal, chief of Gitanjali Export Corporation, is relieved that jewellers are back in business.
Apr 12, 2016 at 17:58 | Source: PTI
After keeping their shutters down for almost six weeks against the proposed 1 per cent excise duty on non-silver jewellery, a large section of jewellers and bullion traders across the country reopened their shops today.
Apr 12, 2016 at 07:26 | Source: PTI
In Maharashtra, jewellery sales everyday go up to Rs 250 crore, which doubles on festive occasions like Gudi Padwa, the Marathi new year.
Apr 11, 2016 at 21:14 | Source: Reuters
The resumption in business could boost demand from the world's second biggest consumer and support global prices trading near their highest in three weeks.
Messages on Excise Duty »


New Member



Budget 2017: Ministry seeks cut in excise duty on jet fuel - someone said we are dreaming that ATF tax will be cut ;-)

9.58 PM Jan 17th


New Member



excise duty on ATF may be reduced from 14% to 8%. ETimes

11.50 AM Jan 17th


Platinum Member


Jet Airways  

Excise duty cut is big positive for stock, will touch 450 levels very soon..

10.00 AM Jan 17th


New Member



the crude cost via tickets to the consumers. Obviously increasing railway fares will aid that. 3) Airlines have hedged fuel prices during the last year fall and I`m sure that SJ would have done it too. 4) Govt had increased excise duty on crude when it was low. There`s no reason why they will not decrease

7.42 PM Jan 13th


New Member

0 Follower

Sybly Ind  

Any positive is expected in the coming budget? I think the excise duty parity may be a boost for this company

11.58 AM Jan 13th


Platinum Member



Exclude excise duty on Petrol & diesel and the talk mR. Jutelee !

9.29 PM Jan 10th


New Member



during march 2016, govt hiked excise duty by 8-9%. it is possible that the govt. revoked the excise duty due to high prices already, but there is no announcement on this. omcs have passed about 11-13% hike in the past, so there is no reason why they should leave the atf hike at 8-9%.

10.47 AM Jan 10th

Wire News

Platinum Member


News Now  

The tax department has made it mandatory for central excise duty and service taxpayers to obtain a valid PAN number before they can be migrated to the new goods and services tax (GST) set-up.

1.48 PM Jan 8th


New Member



ji, what you say is partially true. We have to look at exchange rate of USD vs INR also. Rupee was relatively stronger then when crude was above 100. Im hoping excise duty will be reduced when crude trades above 70 or so.

11.43 AM Jan 8th


Platinum Member


GM Breweries  

for liquor and ethanol prices have also increased. The cost has peaked out in my views and it may cool down in FY18. In 2016 the liquor industry has faced massive headwinds in terms of ban and govt regulations and higher excise duty so this has to peak out by this time in all probability. There is huge

6.35 PM Jan 5th

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