Page 7 - Excise Duty News Today

Confused by VED road tax? Our comprehensive guide explains how much you'll pay to tax your next car in the 2023/24 financial year

(AFRICAN EXAMINER) - The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of

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This is N500bn more than the N1.08trn shared to each state in November.

By Tony Obiechina, Abuja The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,127.408 billion December 2023 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communique issued by the FAAC at its January 2024 meeting, chaired by the Accountant General of the

Policy Highlights Various Fees, Duties Including Export Of Liquor, Checking Smuggling Of Narcotic Drugs JAMMU: The Administrative Council (AC) which met here under the chairmanship of the Lieutenant Governor, Manoj Sinhagave its approval to the rolling out of J&K Excise Policy for the year 2024-25. Rajeev Rai Bhatnagar, Advisor to the Lieutenant Governor; Atal Dulloo, Chief Secretary; Mandeep Kumar Bhandari, Principal Secretary

Budget News: The upcoming interim budget is expected to budget a 9-11% rise in net tax revenue receipts for FY25, around Rs 25-26 lakh crore. Potential shortfalls

Indirect tax is a kind of tax that can move from one place to another.

The Calcutta High Court has quashed the ex parte order imposing excise duty on the incineration of lean gas used in the generation of electricity.The bench of Justice Md. Nizamuddin has remanded the...

The Calcutta High Court has held that 100% Export Oriented Unit (EOU) which has procured bulk tea from the manufacturer and excise duty is entitled to avail the benefit of drawback.The bench of...