Jun 01, 2015 at 16:53 | Source: PTI
In order to provide a level-playing field to private players, the government withdrew excise and Customs duty exemptions enjoyed by the Ordinance Factory Board and defence PSUs.
May 25, 2015 at 15:17 | Source: CNBC-TV18
The fourth quarter numbers are not reflective of the price hike that ITC undertook after the increase in excise duty, says Naveen Kulkarni of PhillipCapital. Sources on the ground say, this has resulted in further decline in volumes, he adds.
May 21, 2015 at 17:23 | Source: Moneycontrol.com
Analysts polled by CNBC-TV18 expect volume growth to continue to remain muted in Q4 impacted by four consecutive years of excise duty hikes and corresponding price hikes of 15 percent taken post Union Budget. Cigarette volumes are expected to decline by 9-10 percent, similar to what was seen in last quarter.
May 08, 2015 at 22:03 | Source: PTI
The government had on four occasions between November 2014 and January 2015 raised excise duty on petrol and diesel to take away gains coming by way of global oil prices dipping to six-year low.
Apr 29, 2015 at 21:18 | Source: PTI
Government's decision to hike import duty on sugar and remove excise duty on ethanol will help millers only in the long run and it should buy 10 percent of the sweetener produced this year to help clear cane arrears.
Apr 17, 2015 at 13:37 | Source: Moneycontrol.com
IG Petrochemicals has informed that the Case for valuation of Domestic Tariff Area (DTA) sales 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 128.75 crore.
Apr 17, 2015 at 09:41 | Source: PTI
The import tariff value is the base price at which customs duty is determined to prevent under-invoicing. It is revised on a fortnightly basis taking into account global prices
Apr 05, 2015 at 10:23 | Source: PTI
A demand of over Rs 570 crore has been raised against confectionery giant Cadbury India Ltd for allegedly evading excise duty by fraudulently taking exemption for one of its 'ghost' production units in Himachal Pradesh.
Mar 26, 2015 at 22:25 | Source: CNBC-TV18
The leather footwear industry in Chennai seems all set to take some big strides. With the Budget reducing excise duty on leather shoes, manufacturers who were catering primarily to export markets, are now gearing up to take advantage of the big local opportunity. Jude Sannith gets us this report from Tamil Nadu's leather hub, Ranipet.
Mar 18, 2015 at 16:53 | Source: PTI
The tax foregone - customs duty and central excise duty including rebate - under the SEZ scheme was Rs 10,440 crore in 2013-14.