Excise Duty

Oct 08, 2015 at 22:23 | Source: PTI
Currently, there is a fixed excise duty of Rs 750 per tonne on molasses, a by-product of sugarcane used for manufacturing ethanol, alcohol and other products.
Oct 07, 2015 at 15:15 | Source: PTI
One of the issues hindering the growth of coastal shipping has been the levy of customs and central excise duty on bunker fuels which raises cost of transportation, said an official statement.
Sep 19, 2015 at 10:50 | Source: Moneycontrol.com
IG Petrochemicals has informed that the catalyst case pending before the Supreme Court has been decided in the Company's favour. This absolves the Company of the contingent liabilities related to Excise and Customs duties to the extent of Rs 75.30 crore pending before the Supreme Court.
Sep 11, 2015 at 21:38 | Source: CNBC-TV18
A careful analysis of numbers shows that much of the growth in tax collections has been because of rate increases rather than increase in activity.
Sep 09, 2015 at 18:15 | Source: PTI
At the end of April-August, excise duty collections stood at over Rs 1.02 lakh crore, Customs at Rs 85,138 crore and service tax at Rs 75,006 crore.
Aug 13, 2015 at 12:24 | Source: SME Mentor
Indirect tax revenue rose over 37 per cent to over Rs 2.1 lakh crore in the April-July period this year on the back of higher excise duty collections.
Aug 12, 2015 at 20:44 | Source: PTI
Indirect tax revenue has also jumped over 37 percent to over Rs 2.1 lakh crore in the April-July period this year on the back of higher excise duty collection. On fall in retail inflation in July, the Finance Secretary said, "Inflation is also well within control. Crude oil prices are still falling."
Aug 12, 2015 at 17:43 | Source: PTI
Under the Central Board of Excise and Customs (CBEC), this pertains to base metals which includes commodities such as iron and steel, copper, nickel, aluminium, lead, zinc, tin, tungsten (wolfram), molybdenum, among others.
Aug 07, 2015 at 16:52 | Source: PTI
As per data provided by him, the Department of Central Excise issued 250 show cause notices up to May in the current financial year involving a demand of Rs 1,530.64 crore.
Jul 29, 2015 at 17:45 | Source: CNBC-TV18
Revenue is likely to increase 10 percent to Rs 1,052 crore from Rs 957 crore during the same period, which may be impacted by increased excise duties.
Messages on Excise Duty »


Silver Member



What if excise duty goes up only on tobacoo products other than cigarettes ?

2.37 PM Jul 6th 2014


Gold Member


Birla Cotsyn  

agar textile per excise duty aa gai to kya hoga ?

7.35 PM Jul 4th 2014


New Member



i want reduction in duties on petrol , increase in excise duty on cars , 35 % tax on income above 12 lacs

3.11 PM Jul 3rd 2014


why MOF can`t reduce Excise duty/sales taxes on all Petro Products? Why one way showing as tax collections in 1000000 crores and another side as Subsidy ... Reduce tax minmum of 2 to 5% and reduce ALL PETRO PRODCUTS ,in turn benifit by al in all aspects...Transport costs/travelling /rail /air

5.16 PM Jul 1st 2014

MMB Messenger

Platinum Member


Mah and Mah  

How much would the extension of excise duty cut help auto cos?

3.31 PM Jul 1st 2014


we can understand that crude prices go up due to international factors, however govt. can freeze levies like excise duties,taxes,octroi which also goes up.

2.44 PM Jul 1st 2014


New Member


Radico Khaitan  

I am accumulating this stock at these lvls. even if excise duty increase and sales come down in india. prob there is alternate of more sales in abroad. in case of export, there there is no load

6.49 PM Jun 30th 2014


forth manufacturing sector with excise duty cuts 6. Results for the coming quarter will show a huge outperformance in all segments 7. There is a near term possibilty of it entering the toothpaste segment 8. People will always smoke

5.12 PM Jun 30th 2014


Platinum Member



it is leaked that govt will going to control oil prices by reducing excise duty petrol from 9.42 to 7.42 deisel 3.56 to 2.56 like 2008. so we can see a good run up in this counter .... ie Buy Reliance 1040ce @ 24 SL- 14 Target 35-40-50 see after bad news out stock changed gear up :p

4.17 PM Jun 30th 2014


Sell. Modi against tobacco. Incerase in excise duty on cigarettes on card. Volumes will shrink.

1.20 PM Jun 30th 2014

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