The Court upheld the Tribunal’s view that interest cannot be levied when duty paid is fully creditable to downstream units.
New Delhi: Following the recurring adjournments in Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman is likely to move the Central Excise (Amendment) Bill, 2025, for consideration and passing ...
New Delhi [India], December 4 (ANI): Opposing the Central Excise (Amendment) Bill, 2025, Congress leader Pramod Tiwari, on Thursday, accused the Central Government of burdening citizens through ...
New Delhi [India], December 2 (ANI): The Central government is set to move that the Central Excise (Amendment) Bill, 2025, for consideration and passing in the Lok Sabha on Tuesday. Union Finance ...
New Delhi: Lok Sabha on Wednesday passed a law to levy a higher excise duty on tobacco and related products once the GST compensation cess ends. The Central Excise (Amendment) Bill, 2025, was passed ...
Finance Minister Nirmala Sitharaman on Wednesday clarified that the Central Excise (Amendment) Bill, 2025 is neither a new law, nor an additional tax (on tobacco), or “something that the Centre is ...
The Court admitted the Revenue’s appeal against a tribunal ruling that set aside excise demands as revenue neutral. The key takeaway is that the legal question on valuation under Rules 8 and 9 remains ...
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'No additional tax on tobacco': FM Sitharaman clarifies on Central Excise Amendment Bill
Finance Minister Nirmala responded to a discussion on the Central Excise (Amendment) Bill in the Lok Sabha on Wednesday, Dec. 3 and clarified that the bill does not put forth any additional tax on ...
The Lok Sabha was adjourned for the day on the fourth day of the winter session, with the House scheduled to reconvene on December 5 at 11:00 AM. The Rajya Sabha was also adjourned shortly after.
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