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Gutka ban cuts excise revenue of Ahmedabad zone

Ban on Gutka in September 2012 and shifting of Tata Nano's excise account being an LTU (Large Taxpayer Unit) to Mumbai has resulted in shortfall of approximately Rs 500 crore in excise duty for Excise II commissionerate of Ahmedabad zone in the last two years.After the Gutka ban in 2012-13, Excise II was forced to halve its targets of revenue in 2013-14. In 2013-14, Excise II collected excise duty...
Source : Times Of India |
Category : City | City : Ahmedabad

ZIGWHEELS.COM

increase in car prices expected now given the excise duty structure has been retainedGovernment has announced it will not change the excise duty structure for cars till the end of the year. A lower excise duty structure was put in place by the previous government to help push up sales and get the Indian car market back up to speed.So far, the revision in excise duty hasn't yielded the sort of results...
Source : Zigwheels |
Category : Automobile

Fin Min detects over Rs 1800 cr excise duty evasion in 2013-14

ncreased efforts in checking revenue leakage have resulted in detection of over Rs 1,800 crore (Rs 18 billion) central excise duty evasion across the country during 2013-14.As many as 379 cases of central excise duty evasion were registered by the Directorate General of Central Excise Intelligence (DGCEI) during the last fiscal.These cases involved central excise duty evasion of Rs 1,879.69 crore (Rs...
Source : Rediff |
Category : Business

Finance Ministry detects over Rs 1800 crore excise duty evasion in 2013-14

many as 379 cases of central excise duty evasion were registered by the Directorate General of Central Excise Intelligence during the last fiscal.NEW DELHI: Increased efforts in checking revenue leakage have resulted in detection of over Rs 1,800 crore(DGCEI) during the last fiscal. These cases involved central excise duty evasion of Rs 1,879.69 crore,Various private entities were evading the central...
Source : The Economic Times |
Category : Business

Government to redo 2011 Karnataka Public Service Commission selections

state cabinet on Friday accepted the CID report recommending revaluation and re-interviews of candidates selected by theThe report had recommended criminal proceedings against former KPSC chairman Gonal Bheemappa and members Mangala Sridhar and secretary Sundar.The cabinet decided to follow the UPSC model, where interviews are conducted by experts from different fields instead of KPSC members.said...
Source : Times Of India |
Category : City | City : Bangalore

Government to redo 2011 Karnataka Public Service Commission selections

state cabinet on Friday accepted the CID report recommending revaluation and re-interviews of candidates selected by the Karnataka Public Service Commission (KPSC) for the 2011 batch of gazetted probationers.The report had recommended criminal proceedings against former KPSC chairman Gonal Bheemappa and members Mangala Sridhar and secretary Sundar.The cabinet decided to follow the UPSC model, where...
Source : Times Of India |
Category : City | City : Bangalore

Gaurd arrested on charge of cheating

have arrested a Guard in Excise Department here on a charge of cheating people by giving forged appointment orders in the name of Joint Excise Commissioner, Gulbarga, to 30 people by collecting about Rs 30 lakhs....
Source : Webindia123 |
Category : Headlines

Pakistan fires at Indian posts, violates ceasefire

VaArmy troops guarding the borderline fired back resulting in intermittent exchanges of fire, which were still going on, an Army official said."Pak troops resorted to small arms firing and mortars firing on Indian posts along LoC in Doda battalion area in Poonch district from 0935 hours", a senior Army officer told PTI.Army troops guarding the borderline fired back resulting in intermittent exchanges...
Source : The Economic Times |
Category : National

Ramdev`s firms evaded excise duty worth over Rs 20 cr

Dehradun: Central Excise sleuths raided the firms of yoga guru Ramdev and claimed to have detected evasion of excise duty of over Rs 20 crore.The Excise officials raided the firms of Ramdev in Uttarakhand yesterday and found that they were not paying excise duty on a number of cosmetic products being manufactured by them, Deputy Commissioner (Central Excise) RP Singh said today.Though the total liability...
Source : Zeenews |
Category : National | City : Dehradun

Baba Ramdev's firms evaded excise duty worth over Rs 20 crore

Central Excise sleuths raided the firms of yoga guru Ramdev and claimed to have detected evasion of excise duty of over Rs 20 crore.The Excise officials raided the firms of Ramdev in Uttarakhand yesterday and found that they were not paying excise duty on a number of cosmetic products being manufactured by them, Deputy Commissioner (Central Excise) RP Singh said today. Though the total liability of...
Source : DNA |
Category : Others | City : Mumbai
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