Page 25 - Excise Duty News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Indian government may lower its excise duty collection target for fiscal year 2024 by ₹45,000 crore if crude oil prices remain high, according to sources. However, this revision is not expected to affect overall revenue as other resources can compensate for the shortfall. The final decision on any reduction will be made at the highest political level. The government wants to consider the impact of higher international crude prices and is monitoring the situation closely. It is also planning to cut taxes on fuels to reduce prices ahead of upcoming elections.

There’s much the French can teach us about improving our motorways, from fewer signs to more tolls, starting with the Blackwall Tunnel

The Gross GST collection rose by 10 per cent to over Rs 1.62 lakh crore in September. - Government Collects Rs 1.63 Lakh Crore GST In September, 10 Per Cent More Than Last Year

India Business News: NEW DELHI: The government on Friday hiked special additional excise duty (SAED) on crude petroleum to Rs 12,100 per tonne with effect from September 3.

The Chandigarh Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that waste, gums, fatty acids, etc. arising during the course of the manufacture of vegetable oils are...