Posted on 02 May 2018
Indian Budget 2017-18, Government notification on Excise duty tariff rate changes
Please find extracted below, government notification on excise rate tariff changes as per Indian Budget 2017-18. You may download under pdf format also here
Excise, Budget 2017-18 changes.pdf
Government of India
Ministry of Finance
Department of Revenue
Tax Research Unit
*****
Alok Shukla
Joint Secretary (TRU-I)
Tel: 23092687; Fax: 23092031
Ema
Read More
Posted on 02 May 2018
Indian Budget 2017-18, Price increases for cigarettes
As per Indian Union Budget 2017-1, hike in excise duty on cigars, cheroots, pan masala, cigarettes and other related tobacco products.
Excise on various lengths of cigarettes has been increased to 6% from 2.5%
For paan masala , excise has been increased to 9% from 6%
For unmanufactured tobacco, excise has been increased to 8.3% from 4.2%
For other tobacco products like chewing tobacco, jarda -
Read More
Posted on 02 May 2018
Indian Budget 2017-18, Goods And Services Tax
Indian budget highlights on Goods And Services Tax is extracted below:
The GST Council has finalised its recommendations on almost all the issues based on consensus on the basis of 9 meetings held
Preparation of IT system for GST is also on schedule.
The extensive reach-out efforts to trade and industry for GST will start from 1st April, 2017 to make them aware of the new taxation system.
&n
Read More