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What is Excise Duty
The Budget estimate of the government's excise duty revenue for the year 2020-21 was Rs 2,67,000 crore. The revised estimates of excise duty for the 2019-20 Budget came at Rs 2,48,000 crore, while the actuals for the 2018-19 Budget stood at Rs 2,30,992 crore.
Latest Updates on Excise Duty
Petrol and Aviation Turbine Fuel (ATF) have been exempted from the export levy
Buchchi Babu on Wednesday joined the Enforcement Directorate's probe
The Special Judge MK Nagpal on Saturday issued notice to ED on the plea listed the matter for March 16, 2023, with detailed arguments
Under the new, now-scrapped, excise policy, the state government allowed private vendors and shops to sell liquor in Delhi
Sisodia has not only been the face of AAP's education policy in Delhi but also heads as many as 18 of the total 33 departments
The new liquor policy promised several changes to the way alcoholic drinks are sold in Delhi
Windfall tax: The additional excise duty on ATF has been cut to Rs 1.5 per litre from Rs 6 per litre earlier
The Enforcement Directorate (ED) on Wednesday arrested businessman Gautam Malhotra in connection with the Delhi excise policy scam.
The rise was the sharpest in premium products with their portfolio now accounting for a fifth of all the whisky sold in India
It said in a statement that the agency has issued a provisional attachment order, under the Prevention of Money Laundering Act (PMLA), for freezing the properties
An order for the provisional attachment of the assets has been issued under the Prevention of Money Laundering Act (PMLA)
This is the second prosecution complaint (charge sheet) filed by the federal investigative agency in this case, registered under various sections of the Prevention of Money Laundering Act (PMLA)
A Delhi court extended till January 7 the judicial custody of four accused, arrested in a money laundering case related to the alleged Delhi excise policy scam also involving Dy CM Manish Sisodia
The ED has claimed in its charge sheet before a court that the Delhi Excise Policy, which caused total loss of Rs 2,873 crore to govt exchequer, was a device created by Aam Aadmi Party (AAP) leaders
The Union govt should moderate the excise duty it levies on CNG till such time that the environment-friendly natural gas is included in the one-nation-one-tax GST regime
The CBI filed its first charge sheet against seven accused in the Delhi Excise policy scam case, officials said
Export invoicing in INR is already allowed but the payment must come through Vostro Accounts maintained by foreign banks with a bank in India
Duty cuts on edible oil, petro products to blame; may not hit overall collection
Sisodia alleged that the case against him was intended not to probe any scam but to 'make Operation Lotus successful in Delhi'
CBI has summoned Delhi Deputy CM Manish Sisodia on Monday for questioning in connection with alleged corruption in the formulation and implementation of the excise policy for the national capital