Excise News


CBIC Notifies Constitution of Interim Boards for Settlement Across Four Major Cities

   10 April 2025 at 08:29

CBIC, through Notification No. 02/2025-Central Excise (N.T.) dated April 8, 2025, has formally constituted four Interim Boards for Settlement under the powers conferred by Section 31A(1) of the Central Excise Act, 1944.

Posted in Excise |   1434 Views


CBIC Rescinds Central Excise Notification 08/2022, Ends Specified Goods Exemption

   05 December 2024 at 08:43

In a crucial update, the Ministry of Finance has issued Notification No. 31/2024-Central Excise, dated December 3, 2024, rescinding Notification No. 08/2022-Central Excise.

Posted in Excise |   525 Views


Central Excise Bill, 2024 Expected to be Introduced in Upcoming Budget Session

   10 June 2024 at 08:54

The Centre is set to introduce the Central Excise Bill, 2024, during the upcoming budget session, aiming to replace the long-standing Central Excise Act, 1944

Posted in Excise |   2247 Views


CBIC Invites Suggestions On Draft Central Excise Bill, 2024

   05 June 2024 at 08:55

The Central Board of Indirect Taxes & Customs (CBIC), Department of Revenue, Ministry of Finance, invites suggestions on the draft 'Central Excise Bill, 2024' from stakeholders by 26th June 2024.

Posted in Excise |   249 Views


Central Govt. announces Excise Duty reduction on Petrol and Diesel

   02 August 2022 at 08:43

Central Government reduced Central Excise duty on petrol and diesel to boost consumption and keep inflation low

Posted in Excise |   3570 Views


Excise duty on Petrol and Diesel reduced by Rs. 5 and Rs. 10 respectively

   05 November 2021 at 08:44

The government of India has taken a significant decision of reducing Central Excise Duty on Petrol & Diesel by Rs. 5 and Rs. 10 respectively. Prices of petrol & diesel will thus come down accordingly.

Posted in Excise |   3585 Views


Sabka Vishwas scheme extended to 15th Jan 2020

   01 January 2020 at 20:43

Sabka Vishwas (Legacy Dispute Resolution) Scheme has received a huge response with almost 73% of the total eligible taxpayers availed the Scheme and have committed to pay tax dues of Rs. 30,627 Crores. Keeping in view the response of the taxpayers to

Posted in Excise |   10941 Views


Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 for Central Excise & ST will be valid till 31st December

   03 September 2019 at 11:33

Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 for Central Excise & ST will be valid till 31st December

Posted in Excise |   6225 Views


Excise Duty on Petrol and Diesel reduced by Rs 2 per litre

   04 October 2017 at 11:22

The Government of India decides to reduce the Basic Excise Duty rate on Petrol and Diesel [both branded and unbranded] by Rs. 2 per litre with effect from 4th October, 2017; This major decision has been taken by the Government in order to cushion the

Posted in Excise |   4671 Views


40 Officers of the Customs & Central Excise selected for Grant of Presidential Award

   24 January 2017 at 10:48

40 Officers of the Customs & Central Excise selected for Grant of Presidential Award of Appreciation Certificate for Specially distinguished Record of Service.1. Every year, the Officers of the Board of Customs & Central Excise, Department of

Posted in Excise  2 comments |   4887 Views