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Customs And Excise

Basic Custom Duties Reduced on Certain Items to Encourage Investment and Domestic Production

To boost domestic manufacture and to address the issue of inverted duties, the General budget 2014-15 has reduced basic customs duty (BCD) on certain items. To encourage new investment and capacity ad

05 Aug, 2014

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Excise duty restructuring to boost the auto and consumer durable sectors

Relief to The Manufacturing Sector; Cars and Scooters to be Cheaper Excise Duty on Mobile Handsets to be Restructured Customs Duty Structure To Be Rationalised To Encourage Production Of

05 Aug, 2014

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Creation of additional Benches of the Customs, Excise and Service Tax Appellate Tribunal

The Union Cabinet  gave its approval for setting up six additional Benches of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), including three at the existing locations of New Del

05 Aug, 2014

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More Services Bought in the Service Tax Net, Indirect Taxes to Yield Rs.7525 Crore 

To broaden the tax base in Service Tax, sale of space or time for advertisements in broadcast media has been extended to cover such sales on other segments like online and mobile advertising. Announci

01 Aug, 2014

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