Govt mulls raising excise duty on unbranded diesel
With softening global oil rates leading to first ever profit on diesel sales, the government is considering raising excise duty on unbranded diesel to take away the gains.
Sep 19, 2014, 19:00 PM IST
Govt looking at extending excise duty concessions to auto sector
The government is looking at the proposal for extending excise duty concessions to the automobile sector beyond December, a move that would provide further relief to automakers.
Sep 11, 2014, 13:41 PM IST
Indirect tax collections up 4.5% in April-June
Indirect tax mop up inched up by 4.5 percent in the April-June quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.
Jul 24, 2014, 23:43 PM IST
Branded petrol price cut by over Rs 5/litre
Branded petrol, which contains special performance enhancing additives, attracted higher duties than normal petrol.
Jul 10, 2014, 18:26 PM IST
Auto makers relieved as reduced excise rates extended till Dec
Heaving a sigh of relief over the government's decision to extend reduced excise rates till December 31, auto industry Wednesday welcomed the move saying it would help the sector overcome the prolonged demand slump.
Jun 25, 2014, 20:56 PM IST
Excise duty concession on auto, consumer goods to continue: FM
In a relief to the automobile and consumer durable sectors, the government on Wednesday extended the excise duty concession by six months to December 31.
Jun 25, 2014, 16:53 PM IST
Lower excise duty for automobiles, capital goods to continue past June 30
The Government on Wednesday extended excise duty concession on automobiles, capital and consumer goods for six months till December 31, 2014.
Jun 25, 2014, 15:39 PM IST
Hyundai may hike prices if excise duty rises before Budget
With uncertainty looming over excise duty structure on automobiles as reduced rates expire on June 30, Hyundai Motor India may raise vehicle prices if the cess rate is reverted back to the levels before the interim Budget in February.
Jun 24, 2014, 13:01 PM IST
Carmakers want excise duty cut to continue even after June 30
With the Budget expected only next month, the auto industry is awaiting the new government's steps on the matter.
Jun 22, 2014, 11:24 AM IST
