Page 2 - Excise Revenue

Govt's excise collection on petroleum products up 48% in Apr-July

The incremental mop-up is 3-times of the repayment liability of legacy oil bonds in the full fiscal

New Excise Policy to generate revenue, ensure ease of doing biz: Delhi govt

The Delhi government has defended its New Excise Policy 2021 before high court, saying that the new regime would generate optimum revenue and ensure ease of doing business

Bidding of retail liquor vends in Delhi by Excise dept earns Rs 5,300 cr

The initial bidding of retail liquor vends in 20 zones across the national capital by the Delhi government's Excise department on Friday raked in Rs 5,300 crore, official sources said.

Beyond Budget Headlines: Oil sector may come to the govt's rescue this year

Budget Byte: How far will fuel excise duty help govt's fiscal plans?

Though high priced than before, petrol and diesel consumption came back to pre-Covid levels in recent months

Covid-19 may prompt states to hold on to revenue sources outside GST

Given the states limited capacity to mobilise revenues, it will be difficult to bring oil, fuel and tobacco under the purview of GST in the near future

Another excise hike for petroleum products on cards to offset revenue loss

No immediate hike, marginal increase likely to be implemented only after lockdown is lifted

Rising fiscal fears

A comprehensive review is needed

UP excise revenue up 38% to Rs 24,000 cr on clampdown on liquor cartels

Under a new excise policy, the state had dissolved the special Meerut excise zone allegedly carved out to benefit certain groups; bidding for liquor shops online was made mandatory