News - (Get Professional Updates on Whatsapp, Msg on 8285393786)
Category : Excise
|
|
S.K.Goel Takes Over as Chairman, Central Board of Excise and Customs
Posted Date : 01-Nov-2011 , 08:30:41 am | Posted By CASANSAAR
Shri. S.K.Goel (IRS:1975) today took charge as the Chairman, Central Board of Excise & Customs (CBEC) on 31st October, 2011. He took charge from Shri S.Majumdar who demitted the office today on his superannuation. Shri Goel joined Indian Revenue Service (IRS) (Customs & Central Excise) in th...
Continue Reading...
Category :
Excise |
Comments :
1 | Hits : 881
|
 |
Maruti strike costs exchequer Rs 350 cr in excise duty
Posted Date : 11-Oct-2011 , 06:15:07 pm | Posted By CASANSAAR
A series of strikes at the country's largest carmaker Maruti Suzuki India's Manesar plant since June this year has resulted in excise revenue losses to the tune of nearly Rs 350 crore for the government, while the company has already suffered a hit of up to Rs 1,540 crore.
Since the first...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 770
|
|
Finance Minister gives go-Ahead to Environment Strategy for Central Board of Excise and Customs
Posted Date : 17-Aug-2011 , 07:55:38 am | Posted By CASANSAAR
In a first for any taxation department, the Union Finance Minister Shri Pranab Mukherjee has given his go-ahead to an “Environment Strategy” for the Central Board of Excise and Customs (CBEC) that would change the way business is done by the Customs, Central Excise and Service Tax offici...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 704
|
|
Finance Minister asks Officers of Indian Cost Accounts Service to Perform the Proactive Role to help the Government to Use Its Resources in Most Optimal and Efficient Manner
Posted Date : 11-Aug-2011 , 08:08:04 am | Posted By CASANSAAR
The Union Finance Minister Shri Pranab Mukherjee said that officers of Indian Cost Accounts Service (ICAS) have a major role to play in facilitating the government in its decision making process through their inputs in solving complex pricing and costing issues. Shri Mukherjee asked the ICAS officer...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 801
|
|
Despite fuel duty cuts, indirect tax target to be met' by streamlining administration to plug loopholes in tax collections
Posted Date : 16-Jul-2011 , 11:26:57 am | Posted By CASANSAAR
Unfazed over a dent of Rs 37,000 crore due to duty cuts on fuels, the indirect tax division of the finance ministry is quite confident that it will be able to meet the target for Rs 3.97 lakh crore this financial year by toning up administration to identify service tax evaders.
“Dut...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 785
|
|
Bombay HC rules that PSUs are entitled for pre-exemptions in certain taxes
Posted Date : 15-Jul-2011 , 07:16:14 pm | Posted By CASANSAAR
In a judgment which could impact most public sector companies, the Bombay High Court has ruled that public sector undertakings are entitled for pre-exemptions in certain taxes, as they come under special provisions. The court also said that as the companies are state-owned, they are capable o...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 1021
|
|
Tariff Value of Edible Oils, Brass Scrap and Poppy Seeds Notified
Posted Date : 15-Jun-2011 , 10:06:54 am | Posted By CASANSAAR
Central Board of Excise and Customs (CBEC), Department of Revenue has issued a Notification No.38/2011-Customs (N.T.) dated June 15, 2011 and thereby notifying tariff values of edible oils, brass scrap (all grades) and Poppy seeds as shown in the table below.
“T A B L E...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 1025
|
|
Excise, service tax evasion of Rs 5,000 crore in FY'11
Posted Date : 19-May-2011 , 10:30:21 am | Posted By CASANSAAR
Tax sleuths unearthed central excise and service tax evasion amounting to over Rs 5,500 crore in the 2010-11 financial year, even as pressure mounted on the government to crack down on black money.Unravelling the trail of the ill-gotten wealth, taxmen was able to recover Rs 431 crore in search-and-s...
Continue Reading...
Category :
Excise |
Comments :
1 | Hits : 899
|
|
Govt withdraws 10 pc excise duty on jute products
Posted Date : 21-Apr-2011 , 11:06:04 am | Posted By CASANSAAR
The Finance Ministry today withdrew the 10 per cent excise duty levied on jute products in March this year."The ministry in a corrigendum to the March 24, 2011 notification maintained the exemption of excise duty on the jute products except laminated jute bags," an official source said here today."W...
Continue Reading...
Category :
Excise |
Comments :
0 | Hits : 1388
|
|
|
|
|
