Tag Archives: Excise

CAG Compliance Audit report on Central Excise

Report of the Comptroller and Auditor General of India Union Government Department of Revenue (Indirect taxes – Central Excise) Report No. 2 of 2016 This Report for the year ended March 2015 has been prepared for submission to the President of India under Article 151 of the Constitution of India. The Report contains significant results… Read More »

Amendments in Central Excise as per Budget 2016

Central Excise Act, Amendments made effective immediately  The Clean Energy cess is to be renamed as Clean Environment cess. The effective rate of Clean Energy cess proposed to be increased from Rs.200 per tonne to Rs.400 per tonne. Infrastructure cess is to belevied on motor vehicles under heading 8703 subject to certain exceptions. Further, this… Read More »