Omar to write to FM over central excise duty to J&K Industries

Jammu and Kashmir Chief Minister Omar Abdullah today said he would write to Finance Minister P Chidambaram over the extension of central excise duty to industrialists in the state.

Ramdev`s firms evaded excise duty worth over Rs 20 cr

Central Excise sleuths raided the firms of yoga guru Ramdev and claimed to have detected evasion of excise duty of over Rs 20 crore.

Excise duty on unbranded jewellery: TMC slams govt

Arch rivals TMC and CPM joined hands in the Rajya Sabha in slamming the Centre for failing to resolve the issue on excise duty on unbranded jewellery.

Apparel retailers to stay shut on Monday against excise duty

Big brands like Pantaloons, Shoppers
Stop, Westside, Lifestyle, Madura Garments and Arvind Brands,
will remain close on Monday in protest against the imposition
of 10 percent excise duty on branded apparels.

SC relief for Bata on excise duty on raw material for shoes

In a relief for footwear major
Bata, the Supreme Court has set aside a duty demand by the
government over manufacturing of a `rubberized cotton
fabrics` solely used by the company while making canvas shoes.

Maruti, Hyundai to hike prices after excise duty increase

Major auto makers in the country on Friday reacted to the government`s decision to increase the central excise duty to 10 percent by saying they will increase car prices -- possibly by up to Rs 25,000.

Pkg software tax riddle: Microsoft wants excise duty on it

Software giant Microsoft`s
representatives will soon meet Finance Ministry officials
trying to persuade them to impose excise or countervailing
duty instead of service tax on packaged software.