Sep 16, 2019-Monday

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Monday, Sep 16, 2019
news about Excise duty
Sep 05, 2019 00:49
However, the decision will not apply to the grape wine industry. The state government has already waived off excise duty on wine made of grapes for 10 years, which ends in December 2021. Maharashtra is considered the biggest producer of grape wine in... read more
Jul 06, 2019 00:24
The consumers will also have to pay more for diesel and petrol. The special additional excise duty and road and infrastructure cess will be increased by one rupee a litre each. read more
Jul 05, 2019 23:31
In the 2019 union budget, finance minister Nirmala Sitharaman has proposed to increase special additional excise duty, and road and infrastructure cess by Re 1 per litre on petrol and diesel. read more
May 30, 2019 02:32
In a first in the country, the Maharashtra government plans to print barcodes on caps of all liquor bottles to plug duty evasion, tackle an annual revenue loss of Rs 1,500-Rs 1,800 crore and prevent duplication of liquor, said excise officials. read more
Mar 06, 2019 11:02
Despite the hike in excise duty, officials maintained that liquor would be still be cheaper in Haryana as compared to neighbouring Punjab, Delhi, Himachal Pradesh and Uttar Pradesh. read more
Jan 31, 2019 10:14
The Budget is the most comprehensive report of the government’s finances in which revenues from all sources and outlays for all activities are consolidated. It also contains estimates of the government’s accounts for the next fiscal year. read more
Jan 01, 2019 11:23
The major hike will be for premium and mid-sized Indian Made Foreign Liquor (IMFL) in the range of 20-25 % while small brands will face a hike of just 5 %. Foreign liquor brands will face a duty of around 4% now. read more
Dec 30, 2018 13:32
In all, petrol price has fallen by Rs 13.79 per litre since October 18, more than negating all of the hike that was witnessed in the two-month period beginning mid-August. read more
Nov 18, 2018 13:49
Petrol price in Delhi was cut to Rs 76.71 a litre from Rs 76.91 on Saturday, according to a price notification issued by state-owned fuel retailers. Diesel is being now sold at Rs 71.56 per litre as compared to Rs 71.74 on Saturday. read more
Oct 24, 2018 08:29
Petrol price in Delhi has been reduced by nine paise to retail at Rs 81.25 per litre, while it is being retailed at Rs 86.73 per litre after an eight paise reduction in Mumbai. However, there is no decline in price of diesel in Delhi and Mumbai. read more
Oct 15, 2018 14:02
Diesel now costs Rs 75.46 per litre in Delhi, a shade higher than Rs 75.45 a litre price when the government on October 4 announced the excise duty cut in 12 months. read more
Oct 10, 2018 22:50
After petrol and diesel, the government on Wednesday cut excise duty on jet fuel to 11 per cent to give relief to the aviation industry that has been in recent weeks hit hard by rising fuel prices and plummeting rupee. read more
Oct 10, 2018 20:18
Leader of opposition Harpal Singh Cheema said the price of di-ammonium phosphate (DAP) had increased by Rs 140 per bag, going from Rs 1,250 to Rs 1,390. read more
Oct 09, 2018 15:57
The excise duty cut on petrol and diesel is credit negative for India as it will reduce government revenue and increase fiscal deficit by 0.1 per cent to 3.4 per cent of GDP in the year ending March 2019, Moody’s Investors Service said on Tuesday. read more
Oct 07, 2018 14:46
Petrol, which in Delhi was cut to Rs 81.50 on October 5, cost Rs 81.82 on Sunday. Diesel rates were hiked by 29 paise a litre each on Saturday and Sunday. read more