Jun 21, 2016 at 10:36 | Source: Moneycontrol.com
Nomura also expects that ITC's pricing strategy may boost volumes in FY17. It says that ITC has only increased prices by 13 percent at the premium end of its portfolio translating into a weighted average price hike of 7.6 percent the lowest in four years due to excise duty hikes.
Jun 16, 2016 at 15:32 | Source: PTI
Noting that the Centre in "different installments" since 2014 had increased the excise duty on petrol and diesel by Rs 11.77 and Rs 13.57, respectively, she said the benefit of dip in crude prices was not properly passed on to customers.
Jun 09, 2016 at 22:24 | Source: CNBC-TV18
The compact sedan segment was once the blue-eyed boy of the auto sector. Marked with lower excise duty, sub-4-metre sedans such as Maruti Suzuki Dzire and Honda Amaze met the aspirations of consumers who wanted an affordable sedan.
Jun 06, 2016 at 18:40 | Source: PTI
Government has imposed anti-dumping duty of USD 122.14-279.78 per tonne on import of a chemical, used in pharmaceutical and fragrance sectors, from China and Russia to protect domestic manufacturers
Jun 06, 2016 at 08:50 | Source: PTI
The Central Board of Excise and Customs (CBEC) has imposed definitive anti-dumping on import of Methyl Acetoacetate from the two countries for five years.
Jun 03, 2016 at 19:44 | Source: PTI
In line with the practice of fortnightly revision in rates in step with international trends, petrol price was on Wednesday hiked by a steep Rs 2.58 per litre and diesel by Rs 2.26 a litre, the third increase in rates in five weeks.
May 27, 2016 at 17:47 | Source: CNBC-TV18
The scheme aims to take out polluting vehicles off the street and incentivise car-owners to replace vehicles older than 11 years by providing excise duty exemptions on new vehicles among other benefits.
May 23, 2016 at 17:01 | Source: CNBC-TV18
Analysts expect tepid volumes growth as competition intensified. They expect sales to be impacted by higher excise duty at Baddi plant and increase in excise duty by 6-9 percent.
May 20, 2016 at 18:08 | Source: Moneycontrol.com
Britannia said growth for fourth quarter and full year (FY16) was impacted by about 100 basis points due to phasing out of excise duty incentives available to the company.
May 17, 2016 at 20:20 | Source: PTI
While demanding a reduction in excise duty, transporters said the increase in the prices of diesel has hit the transporters hard and made it it difficult for them to earn their livelihood amid slump in the market.