Excise Duty

Dec 10, 2014 at 16:19 | Source: PTI
Opposition parties contended that reduction in petrol and diesel prices domestically in the last six months was not commensurate with declining global crude oil prices and also questioned the justification of levying excise duty depriving consumers of their due benefit.
Dec 09, 2014 at 15:09 | Source: PTI
The government will get an additional Rs 10,500 crore in the current fiscal from hike in excise duty on petrol and diesel.
Dec 04, 2014 at 16:00 | Source:
As an editorial in the Business Standard points out today, the governments move to hike excise duty on petrol and diesel twice in the past 15 days and the OMCs decision to not pass on the hike to consumer reeks of lack of freedom.
Dec 04, 2014 at 14:22 | Source:
If oil prices move up sharply in future, that might result in under recoveries in absence of timely pass through to consumers. In that scenario, Govt may have some flexibility to lower excise duty instead of passing on entirely to consumers, says K Ravichandran, Sr. VP, Co-head, Corporate Sector Ratings, ICRA.
Dec 03, 2014 at 18:29 | Source: PTI
The government had yesterday raised excise duty on petrol by Rs 2.25 per litre and by Re 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
Dec 03, 2014 at 18:25 | Source: PTI
Referring to the increase in excise duty on petrol and diesel by Rs 2.25 and Rs one a litre respectively effective last night, PMK founder S Ramadoss today said it would affect the poor and middle class people.
Dec 03, 2014 at 10:14 | Source:
Equity Mutual Funds delivered mixed returns as market market fell further on Tuesday after Reserve Bank of India kept policy rates unchanged and the government increased excise duty on petrol & diesel.
Dec 02, 2014 at 15:55 | Source: CNBC-TV18
In an interview to CNBC-TV18, UR Bhat, Managing Director of Dalton Capital Advisors shared his outlook on various stock specific bets and where the market is headed hereon.
Dec 02, 2014 at 14:10 | Source:
Oil-marketing companies shares tumbled in afternoon trade after the government said it had raised excise duty on petrol and diesel by Rs 2.25 per litre and Rs 1 per litre.
Dec 02, 2014 at 14:00 | Source:
The government has increased the excise duty on petrol and diesel for the second time in the last one month. Excise on petrol increased by Rs 2.25 per litre and on diesel by Re 1 per litre. Oil marketing companies like BPCL, HPCL and IOC declined three percent each.
Messages on Excise Duty »


Silver Member



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

2.37 PM Jul 6th


Gold Member


Birla Cotsyn  

agar textile per excise duty aa gai to kya hoga ?

7.35 PM Jul 4th


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


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

MMB Messenger

Platinum Member


Mah and Mah  

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

3.31 PM Jul 1st


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


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


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


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


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

1.20 PM Jun 30th

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Dec 15, 2014 at 00:45 | Source: FirstPost