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Indore: The Excise department has allegedly allowed five 'blacklisted' groups to participate in the ongoing liquor licence renewal process for next financial year. Sources said that ... When the firm failed to deposit Excise duty on time, the local Excise department re-auction the shop at a loss of Rs 1.76 crore.
A press release by additional commissioner of Excise & state nodal officer EEM, Visedelie Mepfuo, informed that in view of the ensuing Nagaland Assembly election 2018 and as per the directive of Election Commission of India and the Chief Electoral Officer, Nagaland, the Excise and prohibition ...

ROAD tax rates will be changed from 2020 - and it could see Brits hit with bills of up to £500 for new cars. Vehicle Excise duty (VED) is to be shaken up again to account for tough new emissions tests from 6 April 2020, according to official documents. Tough new standards are coming in and it could lead to ...
"In the coming one to two years, VAT and Excise duty">Excise duty will be converted to GST. We are taking this shift from VAT and Excise duty">Excise duty to GST gradually as each state government has a different priority and states are apprehensive that their revenue collection might reduce once GST ...
finance Ministry officials have time and again pointed out that revenue from Excise duty on POL products is a significant source of funds that has helped the government keep the fiscal deficit in check and also enhance productive expenditure. "Duties on fuel have been a big source of revenue for both the ...
The UAE has ruled out increasing value-added tax (VAT) and Excise tax over the next five years, said Obaid Al Tayer, UAE's Minister of State for Financial Affairs. The UAE, along with Saudi Arabia, implemented five per cent VAT and increased Excise tax by 50 per cent on energy and carbonated drinks and ...

The state Excise and taxation department had been probing a fake GST bill fraud wherein some unscrupulous companies were selling bogus GST bills to some firms to enable them to claim input tax credit, allow movement of "unaccounted" goods to other states and to justify out of books transactions.
A Second Division assistant in the Excise Department has been booked for forging the signature of her seniors to withdraw ₹1.1 lakh from the government treasury. The racket came to light during the audit and was brought to the notice of the Deputy Commissioner of Excise whose signature was forged to ...
The federal government will re-introduce Excise duty on some goods manufactured in the country and excisable imported goods in line with the directive of ECOWAS council of ministers. In a letter addressed to President Muhammadu Buhari and seen by TheCable, Kemi Adeosun, minister of finance, said ...
Estonia received 19.8 percent, or €55 million, less in alcohol Excise revenue than budgeted for in 2017, the Ministry of finance revealed on Thursday, noting that the decrease in declared alcohol volumes can be attributed to the decrease in consumption as well as increase in cross-border trade with Latvia, ...
HealthLeaders Media reports that around 16 percent of all US nonprofit hospitals will, as a result of the tax overhaul, be required to pay an Excise tax on up to five annual salaries higher than $1 million. The Wall Street Journal reports that there are approximately 400 nonprofit hospital organizations in that ...
In its bid to rein in cross-border bootlegging in Bathinda and surrounding districts, the Excise and taxation Department has decided to intensify enforcement activities in the region. Apart from the plan to increase the existing strength of employees in the Excise Department, the department has forwarded a ...
According to Superintendent of Excise & Prohibition (MS) Nagaland Dimapur, Katoho Sumi, on February 6, EMSSTF had seized 63 bottles and 468 litres of country liquor from Dimapur town area. It informed that the seized liquor were confiscated and deposited to the Mobile Squad Malkhana for destruction.
Law360 (February 7, 2018, 1:06 PM EST) -- On Dec. 22, 2016, the tax Cuts and jobs Act, P.L. 115-97, became law. For exempt organizations, the TCJA included a key change: There is now an Excise tax applicable to exempt organizations on "excess" executive compensation. This new tax, which is imposed under section ...
Estonia's alcohol Excise duty rates have seen a considerable increase over the past few years. The Excise duty on low-alcohol beverages has increased the most -- for instance, the Excise duty on beer has more than doubled compared to 2015. As a result, Estonians are making more and more trips across ...
The top five highest paid employees of any nonprofit organization will pay a 21% Excise tax on compensation above $1 million, so organizations are looking for ways to limit their tax liability. There are about 400 nonprofit hospital organizations with one or more employees earning at least $1 million ...
BREWSTER -- Legislation to establish a Cape Cod Wastewater Protection Trust fund and to allow towns to tax Airbnb-style rentals remains a moving target. With more homeowners taking advantage of revenue from room rentals during the summer season, and with millions of dollars at stake for various ...

"Excise tax diversifies the government's revenue streams and boosts its resources, which, in turn, will strengthen the economy and ensure its Sustainability," said Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of finance, and Chairman of the Federal Tax Authority, when ...
No Scope For Further Excise Duty Cuts On Petrol, Diesel Prices: Source. The government had cut Excise duty on the two fuels by Rs. 2 a litre each last week but it did not result in lower retail prices as new taxes were added. Budget 2018 | Thomson Reuters | Updated: February 06, 2018 14:27 IST. 10 Shares. email. PRINT.
Lahore - Punjab Excise and taxation Department is set to launch vanity license plates for automobiles as per people's choice this month. According to media reports, the department will allow citizens to buy and select their choice of number for their vehicle number plate and selecting the name and ...
The oil ministry has pitched for another Excise duty cut to finance Minister Arun Jaitley when he presents the Budget 2018 tomorrow to cushion the impact of rallying crude oil price. In October last year, the government had announced Rs 2 per litre cut in petrol and diesel price. Since then, the Brent crude oil ...
KHAIRPUR: An ASI of Excise police Khairpur identified as Gada Hussain Bhatti was hit by a Mazda truck (TKV-214) when he signaled a driver to stop during search drive on old National Highway near Irani hospital, Khairpur. He died on the spot while police arrested driver, Abdul Baseer Pathan and ...
New Delhi: West Bengal police Recruitment Board has announced the recruitment details to the post of Sub-Inspector of Excise including Lady Sub-Inspector of Excise. The WBPRB Excise SI recruitment registration process will begin from February 2, 2018. According to the notification, the candidates who ...
New Delhi: West Bengal police Recruitment Board (WBPRB) has released the official notification regarding the recruitment to the post of Sub-Inspector of Excise department including Lady Sub-Inspector of Excise. The registration process of WBPRB Excise SI recruitment will start from February 2, 2018.
PANJIM: Excise Department booked 26 violations of the Goa Excise Duty Act and Rules during the long weekend with most of them reported in tourist-popular Bardez taluka. PANJIM: Excise Department booked 26 violations of the Goa Excise Duty Act and Rules during the long weekend with most of them ...
With last year's GST rollout limiting the scope for imposing fresh taxes or hiking tax rates, the state government is keen on increasing Excise collections manifold for additional resource mobilisation (ARM). The government expects to earn Rs 5,422 crore from Excise collections during this financial year.
The reason is this -- the government, in order to make good of the low prices, has increased Excise duty on petrol and diesel 12 times since 2014, taking away gains arising from low crude oil prices. Many analysts and ministry officials argue that the government has certain fiscal responsibilities which need ...
Slightly more is paid into the state budget in the form of Excise duty on alcohol each year, and the increases have averaged around €14 million annually since 2010. 2017, however, will likely be the first year in more than a decade during which the inflow of Excise duty on alcohol will be smaller than the ...
The government may go in for an Excise duty cut on petrol and diesel as prices of the two fuels have touched a record high. According to reliable sources the petroleum Ministry has moved a proposal to reduce Excise duty on the two fuels as part of the pre-Budget memorandum submitted to the finance ...
Estonia received 19.8 percent, or €55 million, less in alcohol Excise revenue than budgeted for in 2017, the Ministry of finance revealed on Thursday, noting that the decrease in declared alcohol volumes can be attributed to the decrease in consumption as well as increase in cross-border trade with Latvia, ...
The Budget has announced the abolition of the ₹ 6 per litre additional Excise duty on petrol and high-speed diesel, and also reduced the basic Excise duty on branded and unbranded petrol and diesel by ₹2 per litre each. However, these reductions are offset by the introduction of a ₹ 8 per litre road and ...
The Riigikogu in January passed a bill to amend the Alcohol, Tobacco, Fuel and Electricity Excise Duty Act, according to which the Excise duty hike to enter into force on Feb. 1 would be reduced by half. According to the bill, the hike in the Excise duty on beer, other alcohol, wine and fermented beverages ...
Steps had been taken to check illicit liquor trade, smuggling of spirit from outside the State, sale of narcotics, spurious liquor and fake Ayurvedic items, said K.A. Nelson, Deputy Excise Commissioner, Ernakulam. Shadow forces will be deployed at tourist spots and premium hotels hosting DJ parties in ...
The Delhi government has sought suggestions from all stakeholders to formulate a new Excise policy for the next financial year. AddThis Sharing Buttons. Share to WhatsApp Share to facebook Share to twitter Share to LinkedIn Share to Google+ Share to email. 30 December, 2017. by BW Online Bureau. Print this article ...
In preparation for the Excise policy for 2018-2019, the Delhi government has invited suggestions from all stakeholders through a public notice. In the notice issued on December 26, the Excise Department said that it had started the process of formulating the Excise policy for the next year. The notice invited ...
New Delhi: The Delhi government has sought suggestions from all stakeholders to formulate a new Excise policy for the next financial year. The Excise Department has issued a public notice and asked stakeholders to submit their suggestions within 15 days. A government official said the suggestions can ...
PANAJI: The state Excise commissioner has directed department officials to issue licences to seasonal events in their respective jurisdictions only ... Even hotels organising ticketed events have to obtain the temporary license in addition to their regular license," Excise commissioner Amit Satija told TOI.
Oregon's transportation package includes a $15 Excise tax on on bikes sold for $200 or more with wheels at least 26 inches, like those sold at Paul's bicycle Way of Life. "For us, it's just embarrassing," Partner Owner and General manager Matt Ritzow said. "Most bicycle buyers also own vehicles. They're already paying for ...
EASTHAMPTON, Mass. (WWLP) - A task force created by the State Treasurer wants to overhaul the state's alcohol laws. According to the Boston Globe, the proposals include a 50 percent increase in the state's Excise tax on beer, wine, and liquor. The move could generate millions of dollars in additional ...
government under pressure to cut Excise duty on auto fuels: Icra. PTI|. Dec 29, 2017, 03.41 PM IST. 0Comments. Petrol-pump-bccl Over the past three months, crude oil prices have increased by about 28 per cent from $52.3 per barrel in August-end. New Delhi: With oil prices on the boil, the government will be under ...
The Ministry of finance in Bahrain has announced selective/Excise tax on tobacco and its derivatives, energy drinks and soft drinks from December 30. The step is based on the decision taken by the Supreme Council of the leaders of the Gulf Cooperation Council at its thirty-sixth session held in Riyadh in ...
The Central Excise Department has complained to the state police Chief (SPC) that a staff member of the duty-free shop at the international airport had assaulted one of its officers, Vivek. It has also given a written complaint to the Valiathura police that the staff, identified by Central Excise officials as Madan, ...
Congress uncorked some big savings for U.S. wineries as part of its sweeping tax reform, giving Lodi vintners something to cheer about following a string of legislative setbacks. "I think it will be welcome news to all Lodi growers and vintners to have some Tax Relief, especially in light of increased costs ...
Despite the volume of the sale of Indian Manufactured Foreign Liquor (IMFL) and beer seeing a surge during the New Year celebrations, the district Excise department has so far received a few applications seeking license for celebrating booze party on December 31. An official said that just 10 applications ...
Draught Works brewer Eddie Wooldridge sets a full keg of beer on a pallet at the brewery on Thursday afternoon. This week, craft beverage producers in Montana celebrated the passage of Craft Beverage Modernization and tax Reform Act that was part of the larger tax reform bill Congress passed earlier ...
Under the Republican tax bill formally passed by Congress this week, Penn will pay a landmark 1.4 percent Excise tax on its endowment, placing the University among a group of nearly 30 colleges who qualify. The tax overhaul cleared the House of Representatives on Wednesday by a 224-201 vote after ...
MANILA, Philippines -- Are car prices going to double following the approval of a new law that restructures the rates on Excise tax imposed on automobiles? President Rodrigo Duterte on Tuesday, December 19, signed into law Republic Act No. 10963, or the Tax Reform for Acceleration and Inclusion ...
The Excise Department vowed Wednesday to strip the licences of Entertainment venues which operate after legal hours, in prohibited zones or sell alcohol to underage people, particularly during the upcoming New Year holidays. Department director-general Krisada Jeenawijarana said random ...
As the city prepares to revel in the Christmas-New Year celebrations, Excise officials have been on their toes to counter the potential rise in drug traffic to the district. In view of the festival season ahead, the department has launched a month-long special drive comprising patrols, special check-ups and ...


 

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