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Excise duty mop-up up by 62% in FY21, highest during Modi regime


Excise duty mop-up up by 62% in FY21, highest during Modi regime
June 03, 2021
Centre hikes excise duty on petrol and diesel×
Petrol, diesel shore up govt’s revenues to ₹3.89-lakh crore
 
The Centre has collected over ₹3.89-lakh crore through central excise duty during FY21; this is the highest since Narendra Modi came to power in May 2014.
Central excise duty is mainly collected from four petroleum products petrol, diesel, aviation turbine fuel and natural gas (compressed). While petrol and diesel contribute the most, excise duty from liquefied natural gas and natural gas is nil.
Total collection jumps
Data from Controller General of Accounts (CGA) show that the total collection during FY21 by way of net central excise duty jumped by 62.73 per cent year-on-year. Before that, the highest collection was ₹3.80-lakh crore during FY17, which was a normal year. ....

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Delhi's amended excise rules allow home delivery of Indian, foreign liquor

Read more about Delhi s amended excise rules allow home delivery of Indian, foreign liquor on Business Standard. The Delhi government has allowed home delivery of liquor under the amended excise rules ....

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Rule change on liquor policy wrongly interpreted, clarifies Delhi govt

Read more about Rule change on liquor policy wrongly interpreted, clarifies Delhi govt on Business Standard. Soon after it was reported that the Delhi govt has allowed home delivery of liquor through mobile apps or websites under the amended excise rules, the CM s office said it was wrong interpretation ....

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Welcome To IANS Live - NATION - No license for home delivery of liquor issued, clarifies Delhi govt


Photo Credit: IANS
IANSLive
New Delhi, June 2 (IANS) The Delhi government on Tuesday clarified that it has not issued any license for home delivery of liquor in the national capital through online or any mobile app, but only amended an existing provision in the excise law.
 
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