Page 11 - Latest Updates on Excise Duty
Delhi govt has power to float New Excise Policy 2021, observes HC
The Delhi High Court refused to stay the closure of retail vends having L7 licences for the sale of Indian liquor in private sector under the old policy with effect from September 30
 "Delhi govt has power to float New Excise Policy 2021, observes HC")
BS Number Wise: The name's bond, oil bond!
Do you think the government will bite the bullet and cut excise duties?
 "BS Number Wise: The name's bond, oil bond!")
Transparent pricing
Govt should explain the fuel tax rationale
 "Transparent pricing")
Top headlines: Biden defends leaving Afghanistan; VI holds talks for funds
Business Standard brings you the top headlines of the day
 "Top headlines: Biden defends leaving Afghanistan; VI holds talks for funds")
No room to cut excise duty on petrol and diesel, says FM Sitharaman
On inflation, FM said she expected the retail price inflation rate to remain in the range mandated by the Monetary Policy Committee
FM Sitharaman rules out cut in excise duty on petrol, diesel, for now
Govt burdened by interest payments being made for oil bond floated by UPA, says FM
 "FM Sitharaman rules out cut in excise duty on petrol, diesel, for now")
Excise duty on fuel calibrated to generate resources for infra: FinMin
The excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure keeping in view the prevailing fiscal situation
 "Excise duty on fuel calibrated to generate resources for infra: FinMin")
Rising fuel prices further dent stressed sectors of India's economy
Central and state governments have hiked taxes on fuels, pushing retail fuel prices to record highs in most of the country.
 "Rising fuel prices further dent stressed sectors of India's economy")
Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn
To a separate question, the Minister of State for Finance Pankaj Chaudhary said excise collections in April-June this year totalled Rs 1.01 trillion.
 "Govt's excise collections on petrol, diesel jump 88% to Rs 3.35 trn")
Puducherry govt imposes 20% special excise duty on liquor products
Faced with serious shortfall in excise revenue,the territorial government has imposed a 20 percent special excise duty on maximum retail price uniformly on all brands of liquor products in UT
 "Puducherry govt imposes 20% special excise duty on liquor products")
New Excise Policy will provide fair competition: Delhi govt tells HC
Delhi government told Delhi High Court that its new Excise Policy 2021-22 aims at minimizing corruption and providing fair competition in liquor trade
 "New Excise Policy will provide fair competition: Delhi govt tells HC")
HC refers fresh plea challenging Delhi govt's new Excise Policy
The Delhi High Court Tuesday referred a fresh plea challenging the Delhi government's new Excise Policy 2021-22 to a bench which is already hearing another petition on the issue.
Punjab's excise dept engages IIT-Ropar to audit liquor manufacturing units
Punjab's excise department on Monday said it has engaged IIT-Ropar to conduct an audit of liquor manufacturing units in the state, a move which is aimed to check any pilferage
Delhi excise policy suggests price, outstation sale norm for liquor sale
The Delhi Excise Policy for 2021-22 has recommended price and outstation sale oriented criteria for registration of different brands of liquor
 "Delhi excise policy suggests price, outstation sale norm for liquor sale")
Rule change on liquor policy wrongly interpreted, clarifies Delhi govt
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
 "Rule change on liquor policy wrongly interpreted, clarifies Delhi govt")
Delhi's amended excise rules allow home delivery of Indian, foreign liquor
The Delhi government has allowed home delivery of liquor under the amended excise rules
 "Delhi's amended excise rules allow home delivery of Indian, foreign liquor")
'FTP benefits are available against settlement of claims by ECGC'
Expert answers readers' SME queries related to excise, VAT and exim policy
 "'FTP benefits are available against settlement of claims by ECGC'")
Siddaramaiah slams Centre, questions heavy excise duty on petrol and diesel
Siddaramaiah claimed the basic value of petrol and diesel per litre is Rs 32.94 and Rs 34.10 respectively
 "Siddaramaiah slams Centre, questions heavy excise duty on petrol and diesel")
State OMCs spent Rs 1.96 trillion in excise duty in April-December FY21
Excise duty payment by OMCs rises 66% YoY, despite 30% decline in net sales
 "State OMCs spent Rs 1.96 trillion in excise duty in April-December FY21")
No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman
Sitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels.
 "No cut in excise duty on petrol, diesel: FM Nirmala Sitharaman")
