Page 9 - Latest Updates on Excise Duty
In fresh attack over excise case, BJP links liquor trader with Kejriwal
The BJP claimed that a person close to AAP leadership was awarded liquor contract under its now-withdrawn excise policy, in a fresh attack on Delhi CM Arvind Kejriwal over the alleged excise row
 "In fresh attack over excise case, BJP links liquor trader with Kejriwal")
Disclosing end-use of goods must while claiming concessional import duties
Move aimed at enabling tracking of goods to ensure they don't end up in replacement market
 "Disclosing end-use of goods must while claiming concessional import duties")
Windfall profit taxes are pure economic populism and thus bad policy
Germany's government just became the latest to ingratiate itself with angry voters by promising a windfall tax on energy companies
 "Windfall profit taxes are pure economic populism and thus bad policy")
Delhi govt to open 500 liquor stores as old excise duty policy returns
Under the Excise Policy-2021, Delhi government withdrew itself from the liquor sale business and allowed the issuance of L-1 licences for 849 private retail liquor vendors through open bidding.
 "Delhi govt to open 500 liquor stores as old excise duty policy returns")
What changes can consumers expect in Delhi after change in liquor policy?
From September 1, private liquor vendors in New Delhi and the national capital region (NCR) will shut down their stores and state government will regain control
 "What changes can consumers expect in Delhi after change in liquor policy?")
300 liquor stores, 4 microbreweries: Host of changes for tipplers in Delhi
Delhi is set to return to the old liquor excise policy regime, which includes opening 300 new liquor shops, and four microbreweries in the city
 "300 liquor stores, 4 microbreweries: Host of changes for tipplers in Delhi")
Why states are unwilling to take lessons from Delhi liquor excise saga
The controversy in Delhi reflects the enduring importance of this revenue source for state exchequers
 "Why states are unwilling to take lessons from Delhi liquor excise saga")
Diesel export falls 11%, petrol 4.5% in July on levy of windfall profit tax
India's diesel exports fell by 11 per cent in July and overseas shipment of petrol dropped by 4.5 per cent after the government slapped a windfall profit tax on such sales, official data showed
 "Diesel export falls 11%, petrol 4.5% in July on levy of windfall profit tax")
Providing HSN code responsibility of bidder, not tendering authority: SC
Apex court says it is the bidders' responsibility to find out the relevant HSN code
 "Providing HSN code responsibility of bidder, not tendering authority: SC")
AAP ignored excise policy violations, expert committee recommendations: BJP
BJP stepped up attack on the AAP, claiming its government in Delhi ignored the violations of the excise policy and recommendations of an expert committee
 "AAP ignored excise policy violations, expert committee recommendations: BJP")
SC dismissal of review petition on HSN codes setback for industry
Auto component industry may have to pay up to 15% basic Customs duty and 28% GST
 "SC dismissal of review petition on HSN codes setback for industry")
Kejriwal kingpin of excise policy scam, handcuffs getting close to him: BJP
The BJP alleged Delhi CM Arvind Kejriwal is the "kingpin" of the excise policy "scam" and said handcuffs are getting close to him as nodes of corruption are being unravelled
CBI issues summons to some accused in Delhi excise policy 'corruption' case
The officials said once the process of examining the documents and electronic gadgets as well as the bank transactions is completed, summonses will be issued to other accused.
 "CBI issues summons to some accused in Delhi excise policy 'corruption' case")
CBI raids Manish Sisodia's house; 'We welcome them', says CM Kejriwal
Sisodia took to Twitter to announce the raid and said he will cooperate with the probe so that the truth comes out soon
 "CBI raids Manish Sisodia's house; 'We welcome them', says CM Kejriwal")
Centre planning to further cut windfall tax on crude, diesel: Report
The government is expected to review the new taxes, imposed on July 1, for the third time soon,
 "Centre planning to further cut windfall tax on crude, diesel: Report")
Amid robust tax growth, customs and excise duties decline over 10% in Q1
Receipts from customs and excise duties were down 10.59 per cent at Rs 97,695 crore in Q1 of FY'23
 "Amid robust tax growth, customs and excise duties decline over 10% in Q1")
Excise duty on petrol was Rs 9.48/ltr, diesel Rs 3.56 in 2014: Minister
Excise duty on petrol was Rs 9.48 per litre and Rs 3.56 on diesel when BJP came to power in 2014 before it rose to a record Rs 32.98 and Rs 31.83, respectively, in May 2020, Parliament was informed
 "Excise duty on petrol was Rs 9.48/ltr, diesel Rs 3.56 in 2014: Minister")
Fall in Delhi govt's excise revenue 'inexplicable' as sales rise: Report
The excise revenue of the Delhi government in the first quarter of the current fiscal year remained flat compared to 2019-20 despite a steep rise in whiskey and wine sales
Amid CBI probe, Delhi excise policy may be extended by two months
The ongoing Delhi Excise Policy, which has been shrouded with much controversy, is likely to be extended by two more months as it expires on July 31.
Govt issues corrigendum to withdraw excise on ATF for international flights
Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses
 "Govt issues corrigendum to withdraw excise on ATF for international flights")