Tax Guru

Govt revises SAED rates on exports of ATF outside India to Rs. 33 per litre

In exercise of the powers conferred by Section 5A of the Central Excise Act, 1944 (1 of 1944) read with Section 147 of ...
Tax Guru

Govt Revises RIC on Diesel Exports to Nil from May 1

Central Excise revises the RIC rate on exports of high-speed diesel oil outside India to Nil, effective May 1, ...
Hosted on MSN

LS passes Central Excise Amendment Bill 2025; steep hikes on tobacco duties

The Lok Sabha on Wednesday passed the Central Excise (Amendment) Bill, 2025, which replaces the existing GST compensation cess on tobacco products with increased central excise duties. The bill, ...
Hosted on MSN

Parliament OKs bill to hike central excise on tobacco, replacing GST cess

The Central Excise (Amendment) Bill, 2025, received Parliament’s approval on Thursday after being passed by the Rajya Sabha. The legislation, which the Lok Sabha had cleared on Wednesday, replaces the ...
The New Indian Express

Central government cuts Excise Duty On Petrol Cut To Rs 3, Diesel To Zero

The Centre on Friday announced a Rs 10 per litre cut in central excise duty on petrol and diesel. The excise duty on petrol has been reduced to Rs 3 per litre from Rs 13 earlier, while diesel duty has ...