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.
Jul 22, 2015 at 15:17 | Source: CNBC-TV18
Last week, the Aluminium Association of India (of which Vedanta, Hindalco and others are part of) met the Mining Secretary, as well as Chairman of Excise and Customs seeking import duty hike of 10 percent from current 5 percent.
Jul 16, 2015 at 14:16 | 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.
Jul 10, 2015 at 21:28 | Source: CNBC-TV18
While the macro data show economic activity in the country is yet to turn up in any significant way, the government's tax collections data certainly do not suggest so.
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.